<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 6/30/98 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> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 177 <SECURITIES> 0 <RECEIVABLES> 6,282 <ALLOWANCES> 90 <INVENTORY> 35,185 <CURRENT-ASSETS> 42,145 <PP&E> 31,867 <DEPRECIATION> 464 <TOTAL-ASSETS> 90,999 <CURRENT-LIABILITIES> 11,569 <BONDS> 8,500 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48,857 <OTHER-SE> 3,526 <TOTAL-LIABILITY-AND-EQUITY> 90,999 <SALES> 8,812 <TOTAL-REVENUES> 9,339 <CGS> 4,720 <TOTAL-COSTS> 7,254 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 419 <INCOME-PRETAX> 1,220 <INCOME-TAX> 500 <INCOME-CONTINUING> 720 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 720 <EPS-PRIMARY> 0.08 <EPS-DILUTED> 0.08