<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Heilig-Meyers Company's Consolidated Statements of Operations and Consolidated Balance Sheets and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS 6-MOS 3-MOS <FISCAL-YEAR-END> FEB-28-1999 FEB-28-1999 FEB-28-1999 <PERIOD-END> NOV-30-1998 AUG-31-1998 MAY-31-1998 <CASH> 18804 35166 28056 <SECURITIES> 208670<F1> 174592<F1> 193078<F1> <RECEIVABLES> 324399 415745 462176 <ALLOWANCES> 57021 61003 73121 <INVENTORY> 532264 539648 543763 <CURRENT-ASSETS> 1177853 1272620 1286903 <PP&E> 585788 571656 564854 <DEPRECIATION> 199965 182480 176144 <TOTAL-ASSETS> 1982933 2070056 2090121 <CURRENT-LIABILITIES> 695592 794839 817768 <BONDS> 583303 583926 584709 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 119530 118154 117625 <OTHER-SE> 514674 503078 497613 <TOTAL-LIABILITY-AND-EQUITY> 1982933 2070056 2090121 <SALES> 1844849 1190155 593795 <TOTAL-REVENUES> 2072155 1343946 668939 <CGS> 1234260 799263 393432 <TOTAL-COSTS> 1234260 799263 393432 <OTHER-EXPENSES> 0 0 0 <LOSS-PROVISION> 76338 45693 23199 <INTEREST-EXPENSE> 57247 38126 19140 <INCOME-PRETAX> 39529 29633 15872 <INCOME-TAX> 14303 10861 5678 <INCOME-CONTINUING> 25226 18952 10194 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> 25226 18952 10194 <EPS-BASIC> 0.43<F2> 0.32<F2> 0.17<F2> <EPS-DILUTED> 0.42 0.32 0.17 <FN> <F1> Represents retained interest in securitized receivables <F2> Represents basic earnings per share </FN>