<ARTICLE> 5 <LEGEND> THIS FINANCIAL DATA SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF THE CHILDREN'S PLACE RETAIL STORES, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> FEB-01-1997 MAY-03-1997 <PERIOD-END> FEB-01-1997 MAY-03-1997 <CASH> 3,422 765 <SECURITIES> 0 0 <RECEIVABLES> 890 1,545 <ALLOWANCES> 0 0 <INVENTORY> 14,425 14,828 <CURRENT-ASSETS> 27,688 26,484 <PP&E> 32,382 36,708 <DEPRECIATION> 12,083 13,292 <TOTAL-ASSETS> 64,479 65,934 <CURRENT-LIABILITIES> 15,737 16,234 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 1,281 1,281 <OTHER-SE> 26,017 27,028 <TOTAL-LIABILITY-AND-EQUITY> 67,479 65,934 <SALES> 143,838 39,203 <TOTAL-REVENUES> 143,838 39,203 <CGS> 89,786 25,185 <TOTAL-COSTS> 36,750 10,167 <OTHER-EXPENSES> 879 100 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 2,884 828 <INCOME-PRETAX> 9,522 1,690 <INCOME-TAX> (20,919) 679 <INCOME-CONTINUING> 30,441 1,011 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 30,441 1,011 <EPS-PRIMARY> 0 0 <EPS-DILUTED> 0 0