<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 03/31/98 BALANCE SHEETS AND CONSOLIDATED STATEMENTS OF OPERATIONS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000742685 <NAME> THE CHALONE WINE GROUP, LTD. <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> MAR-31-1998 <CASH> 2,232 <SECURITIES> 0 <RECEIVABLES> 6,689 <ALLOWANCES> 92 <INVENTORY> 34,277 <CURRENT-ASSETS> 43,832 <PP&E> 48,036 <DEPRECIATION> 17,905 <TOTAL-ASSETS> 90,294 <CURRENT-LIABILITIES> 16,038 <BONDS> 8,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 46,871 <OTHER-SE> 3,534 <TOTAL-LIABILITY-AND-EQUITY> 90,294 <SALES> 36,755 <TOTAL-REVENUES> 38,310 <CGS> 20,539 <TOTAL-COSTS> 28,686 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,872 <INCOME-PRETAX> 5,731 <INCOME-TAX> 2,321 <INCOME-CONTINUING> 3,410 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,410 <EPS-PRIMARY> 0.44 <EPS-DILUTED> 0.41