<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-28-1998 FEB-28-1998 FEB-28-1998 <PERIOD-END> NOV-30-1997 AUG-31-1997 MAY-31-1997 <CASH> 17370 16400 21848 <SECURITIES> 0 0 0 <RECEIVABLES> 760130 682981 671112 <ALLOWANCES> 113166 37985 47149 <INVENTORY> 513599 464604 443259 <CURRENT-ASSETS> 1320779 1229254 1169988 <PP&E> 558266 575419 532678 <DEPRECIATION> 161488 154971 138249 <TOTAL-ASSETS> 2121581 2058153 1906309 <CURRENT-LIABILITIES> 709064 573612 638889 <BONDS> 715345 735607 560912 <PREFERRED-MANDATORY> 0 0 0 <PREFERRED> 0 0 0 <COMMON> 113573 113569 108830 <OTHER-SE> 533501 586609 543557 <TOTAL-LIABILITY-AND-EQUITY> 2121581 2058153 1906309 <SALES> 1606205 1004202 489040 <TOTAL-REVENUES> 1835004 1156537 566325 <CGS> 1063151 663943 319982 <TOTAL-COSTS> 1063151 663943 319982 <OTHER-EXPENSES> 0 0 0 <LOSS-PROVISION> 149528 44861 22928 <INTEREST-EXPENSE> 48023 31529 15428 <INCOME-PRETAX> (39065) 36402 22000 <INCOME-TAX> (12983) 13362 8239 <INCOME-CONTINUING> (26082) 23040 13761 <DISCONTINUED> 0 0 0 <EXTRAORDINARY> 0 0 0 <CHANGES> 0 0 0 <NET-INCOME> (26082) 23040 13761 <EPS-BASIC> (0.47)<F2> 0.42<F2> 0.25<F2> <EPS-DILUTED> (0.47) 0.41 0.25 <FN> <F2> Represents basic earnings per share </FN>