<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 FROM 10Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH (B) FINANCIAL. </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> AUG-05-1996 <PERIOD-END> NOV-03-1996 <EXCHANGE-RATE> 1 <CASH> 6,960 <SECURITIES> 72,546 <RECEIVABLES> 4,937 <ALLOWANCES> 0 <INVENTORY> 51,725 <CURRENT-ASSETS> 138,086 <PP&E> 78,584 <DEPRECIATION> (17,259) <TOTAL-ASSETS> 119,746 <CURRENT-LIABILITIES> 34,433 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 61,874 <OTHER-SE> 89,165 <TOTAL-LIABILITY-AND-EQUITY> 199,746 <SALES> 84,685 <TOTAL-REVENUES> 84,685 <CGS> (44,432) <TOTAL-COSTS> (44,432) <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 14,507 <INCOME-TAX> (5,512) <INCOME-CONTINUING> 8,995 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,995 <EPS-PRIMARY> 0.35 <EPS-DILUTED> 0.35