<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE JULY 31, 1995 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JUL-31-1995 <PERIOD-START> AUG-01-1994 <PERIOD-END> JUL-31-1995 <CASH> 154,905 <SECURITIES> 0 <RECEIVABLES> 438,976 <ALLOWANCES> 42,596 <INVENTORY> 375,413 <CURRENT-ASSETS> 950,557 <PP&E> 78,981 <DEPRECIATION> 7,494 <TOTAL-ASSETS> 1,110,708 <CURRENT-LIABILITIES> 168,755 <BONDS> 440,717 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 350 <OTHER-SE> 391,540 <TOTAL-LIABILITY-AND-EQUITY> 1,110,708 <SALES> 1,036,149 <TOTAL-REVENUES> 1,036,149 <CGS> 524,010 <TOTAL-COSTS> 524,010 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 40,781 <INTEREST-EXPENSE> 29,837 <INCOME-PRETAX> 47,820 <INCOME-TAX> 16,350 <INCOME-CONTINUING> 31,470 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 31,470 <EPS-PRIMARY> 0.88 <EPS-DILUTED> 0.86