<ARTICLE> 5
<CIK> 0000786110
<NAME> THE GYMBOREE CORPORATION
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JAN-30-1999
<PERIOD-START>                             FEB-01-1998
<PERIOD-END>                               MAY-02-1998
<CASH>                                          12,786
<SECURITIES>                                    17,190
<RECEIVABLES>                                    8,996
<ALLOWANCES>                                         0
<INVENTORY>                                     74,744
<CURRENT-ASSETS>                               119,103
<PP&E>                                         147,724
<DEPRECIATION>                                  33,949
<TOTAL-ASSETS>                                 237,258
<CURRENT-LIABILITIES>                           51,028
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        23,024
<OTHER-SE>                                     139,046
<TOTAL-LIABILITY-AND-EQUITY>                   237,258
<SALES>                                        103,106
<TOTAL-REVENUES>                               103,498
<CGS>                                           61,627
<TOTAL-COSTS>                                   97,414
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                  6,584
<INCOME-TAX>                                     2,436
<INCOME-CONTINUING>                              4,148
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,148
<EPS-PRIMARY>                                     0.17<F1>
<EPS-DILUTED>                                     0.17
<FN>
<F1>For Purposes of This Exhibit, Primary means Basic.
</FN>