<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE MAY DEPARTMENT STORES COMPANY FORM 10-Q FOR THE QUARTER ENDED OCTOBER 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JAN-30-1999 <PERIOD-END> OCT-31-1998 <CASH> 14 <SECURITIES> 18 <RECEIVABLES> 1,931 <ALLOWANCES> 75 <INVENTORY> 3,300 <CURRENT-ASSETS> 5,287 <PP&E> 7,125 <DEPRECIATION> 2,646 <TOTAL-ASSETS> 10,820 <CURRENT-LIABILITIES> 2,700 <BONDS> 3,868 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,463 <TOTAL-LIABILITY-AND-EQUITY> 10,820 <SALES> 8,570 <TOTAL-REVENUES> 8,795 <CGS> 6,182 <TOTAL-COSTS> 6,182 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 201 <INCOME-PRETAX> 616 <INCOME-TAX> 245 <INCOME-CONTINUING> 371 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 371 <EPS-PRIMARY> 1.55 <EPS-DILUTED> 1.49