<ARTICLE> 5 <MULTIPLIER> 1000 <PERIOD-TYPE> 3-mos <FISCAL-YEAR-END> OCT-31-1998 <PERIOD-END> JAN-31-1998 <CASH> 10,743 <SECURITIES> 0 <RECEIVABLES> 51,549 <ALLOWANCES> 0 <INVENTORY> 409,093 <CURRENT-ASSETS> 538,829 <PP&E> 35,306 <DEPRECIATION> 17,626 <TOTAL-ASSETS> 609,569 <CURRENT-LIABILITIES> 210,640 <BONDS> 206,711 <COMMON> 237 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 183,981 <TOTAL-LIABILITY-AND-EQUITY> 609,569 <SALES> 205,654 <TOTAL-REVENUES> 213,960 <CGS> 169,800 <TOTAL-COSTS> 196,466 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,476 <INCOME-PRETAX> 9,018 <INCOME-TAX> 3,105 <INCOME-CONTINUING> 5,913 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 5,913 <EPS-PRIMARY> 0.27 <EPS-DILUTED> 0.27