<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) THE CONSOLIDATED STATEMENTS OF INCOME AND THE CONSOLIDATED BALANCE SHEETS FILED AS PART OF THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) FINANCIAL STATEMENTS ON FORM 10-Q. </LEGEND> <CIK> 0000786110 <NAME> THE GYMBOREE CORPORATION <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> FEB-02-1997 <PERIOD-START> MAY-06-1996 <PERIOD-END> AUG-04-1996 <EXCHANGE-RATE> 1 <CASH> 5,940 <SECURITIES> 72,941 <RECEIVABLES> 4,825 <ALLOWANCES> 0 <INVENTORY> 45,065 <CURRENT-ASSETS> 132,512 <PP&E> 70,397 <DEPRECIATION> (15,532) <TOTAL-ASSETS> 187,603 <CURRENT-LIABILITIES> 34,026 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 60,929 <OTHER-SE> 79,932 <TOTAL-LIABILITY-AND-EQUITY> 187,603 <SALES> 57,898 <TOTAL-REVENUES> 57,898 <CGS> (32,750) <TOTAL-COSTS> (32,750) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 6,911 <INCOME-TAX> 2,626 <INCOME-CONTINUING> 4,285 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,285 <EPS-PRIMARY> 0.17 <EPS-DILUTED> 0.17