<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF SHONEY'S, INC. FOR THE PERIOD ENDED MAY 9, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS </LEGEND> <MULTIPLIER> 1 <PERIOD-START> OCT-26-1999 <PERIOD-TYPE> OTHER <FISCAL-YEAR-END> OCT-31-1999 <PERIOD-END> MAY-09-1999 <CASH> 36,728,464 <SECURITIES> 0 <RECEIVABLES> 9,502,811 <ALLOWANCES> 1,263,030 <INVENTORY> 32,394,531 <CURRENT-ASSETS> 110,044,263 <PP&E> 669,087,765 <DEPRECIATION> 351,433,388 <TOTAL-ASSETS> 468,086,692 <CURRENT-LIABILITIES> 139,040,887 <BONDS> 386,421,455 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49,446,839 <OTHER-SE> (178,647,562) <TOTAL-LIABILITY-AND-EQUITY> 468,086,692 <SALES> 515,799,445 <TOTAL-REVENUES> 539,975,747 <CGS> 469,440,369 <TOTAL-COSTS> 550,863,091 <OTHER-EXPENSES> 57,714,388 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,708,334 <INCOME-PRETAX> (10,887,344) <INCOME-TAX> 0 <INCOME-CONTINUING> (10,887,344) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10,887,344) <EPS-BASIC> (0.22) <EPS-DILUTED> (0.22)