<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM COMMEMORATIVE BRANDS INC. CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTERLY PERIOD ENDED NOVEMBER 27, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> AUG-26-2000 <PERIOD-START> AUG-29-1999 <PERIOD-END> NOV-27-1999 <CASH> 2,947 <SECURITIES> 0 <RECEIVABLES> 43,713 <ALLOWANCES> (2,879) <INVENTORY> 16,757 <CURRENT-ASSETS> 70,114 <PP&E> 53,342 <DEPRECIATION> (11,782) <TOTAL-ASSETS> 225,381 <CURRENT-LIABILITIES> 40,981 <BONDS> 141,134 <PREFERRED-MANDATORY> 0 <PREFERRED> 6 <COMMON> 4 <OTHER-SE> 35,985 <TOTAL-LIABILITY-AND-EQUITY> 225,381 <SALES> 38,739 <TOTAL-REVENUES> 38,739 <CGS> 17,496 <TOTAL-COSTS> 17,496 <OTHER-EXPENSES> 18,872 <LOSS-PROVISION> 259 <INTEREST-EXPENSE> 3,876 <INCOME-PRETAX> (1,505) <INCOME-TAX> 30 <INCOME-CONTINUING> (1,535) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,835) <EPS-BASIC> (4.88) <EPS-DILUTED> (4.88)