<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