<ARTICLE> 5 <LEGEND> This schedule contains a summary of financial information extracted from the Condensed Consolidated Balance Sheet and Condensed Consolidated Statement of Earnings and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JUL-31-1999 <PERIOD-END> OCT-31-1998 <CASH> 24,661 <SECURITIES> 180,504 <RECEIVABLES> 61,392 <ALLOWANCES> 1,800 <INVENTORY> 646,176 <CURRENT-ASSETS> 988,724 <PP&E> 842,797 <DEPRECIATION> 347,823 <TOTAL-ASSETS> 1,607,275 <CURRENT-LIABILITIES> 424,487 <BONDS> 409,622 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 490 <OTHER-SE> 666,060 <TOTAL-LIABILITY-AND-EQUITY> 1,607,275 <SALES> 587,113 <TOTAL-REVENUES> 587,113 <CGS> 384,888 <TOTAL-COSTS> 540,055 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 520 <INTEREST-EXPENSE> 6,136 <INCOME-PRETAX> 40,922 <INCOME-TAX> 15,960 <INCOME-CONTINUING> 24,962 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 24,962 <EPS-PRIMARY> 0.50 <EPS-DILUTED> 0.50