<ARTICLE> 5                                                         
<LEGEND>
THE FINANCIAL STATEMENTS OF COST PLUS, INC. FOR THE FISCAL YEAR ENDED FEBRUARY
1, 1997 AND THE NINE MONTHS ENDED NOVEMBER 2, 1996.
</LEGEND>
<RESTATED> 
<MULTIPLIER> 1,000
       
                                                  
<PERIOD-TYPE>                   YEAR                   9-MOS
<FISCAL-YEAR-END>                          FEB-01-1997             FEB-01-1997
<PERIOD-START>                             FEB-04-1996             FEB-04-1996
<PERIOD-END>                               FEB-01-1997             NOV-02-1996
<CASH>                                          14,398                   1,093
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                     42,605                  56,228
<CURRENT-ASSETS>                                59,416                  60,802
<PP&E>                                          90,813                  88,636
<DEPRECIATION>                                  30,608                  29,642
<TOTAL-ASSETS>                                 128,198                 128,286
<CURRENT-LIABILITIES>                           34,609                  42,941
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                            81                      81
<OTHER-SE>                                      73,128                  64,050
<TOTAL-LIABILITY-AND-EQUITY>                   128,198                 128,286
<SALES>                                        214,814                 124,154
<TOTAL-REVENUES>                               214,814                 124,154
<CGS>                                          135,072                  80,356
<TOTAL-COSTS>                                  199,774                  80,356
<OTHER-EXPENSES>                                     0                       0
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               2,451                   1,955
<INCOME-PRETAX>                                 12,589                 (2,466)
<INCOME-TAX>                                     5,162                 (1,011)
<INCOME-CONTINUING>                              7,427                 (1,455)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     7,427                 (1,455)
<EPS-PRIMARY>                                     0.96                  (0.19)
<EPS-DILUTED>                                     0.92                  (0.19)