<ARTICLE> 5 <LEGEND> STANLEY FURNITURE COMPANY, INC. ARTICLE 5 FINANCIAL DATA SCHEDULE FOR PERIOD ENDING DECEMBER 31, 1997 </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 756 <SECURITIES> 0 <RECEIVABLES> 27427 <ALLOWANCES> 1895 <INVENTORY> 45730 <CURRENT-ASSETS> 76254 <PP&E> 51714 <DEPRECIATION> 5000 <TOTAL-ASSETS> 143225 <CURRENT-LIABILITIES> 34814 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68 <OTHER-SE> 48179 <TOTAL-LIABILITY-AND-EQUITY> 143225 <SALES> 211905 <TOTAL-REVENUES> 211905 <CGS> 159453 <TOTAL-COSTS> 189402 <OTHER-EXPENSES> 276 <LOSS-PROVISION> 20 <INTEREST-EXPENSE> 3538 <INCOME-PRETAX> 18689 <INCOME-TAX> 7102 <INCOME-CONTINUING> 11587 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 11587 <EPS-PRIMARY> 2.76 <EPS-DILUTED> 2.50