<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MAY DEPARTMENT STORES COMPANY FORM 10-Q FOR THE QUARTER ENDED MAY 2, 1998 AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-30-1999 <PERIOD-END> MAY-02-1998 <CASH> 13 <SECURITIES> 269 <RECEIVABLES> 1,960 <ALLOWANCES> 83 <INVENTORY> 2,752 <CURRENT-ASSETS> 4,989 <PP&E> 6,896 <DEPRECIATION> 2,657 <TOTAL-ASSETS> 10,048 <CURRENT-LIABILITIES> 1,922 <BONDS> 3,470 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,817 <TOTAL-LIABILITY-AND-EQUITY> 10,048 <SALES> 2,732 <TOTAL-REVENUES> 2,817 <CGS> 1,983 <TOTAL-COSTS> 1,983 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 67 <INCOME-PRETAX> 183 <INCOME-TAX> 73 <INCOME-CONTINUING> 110 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 110 <EPS-PRIMARY> 0.45 <EPS-DILUTED> 0.44