<ARTICLE> 5
<LEGEND>
                                                                     Exhibit 27


THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF CLAYTON HOMES, INC. FOR THE QUARTER ENDED SEPTEMBER 30, 
1994 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1995
<PERIOD-START>                             JUL-01-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                          94,109
<SECURITIES>                                         0
<RECEIVABLES>                                  278,275
<ALLOWANCES>                                    10,674
<INVENTORY>                                     73,797
<CURRENT-ASSETS>                                     0
<PP&E>                                         162,860
<DEPRECIATION>                                  28,409
<TOTAL-ASSETS>                                 674,044
<CURRENT-LIABILITIES>                                0
<BONDS>                                         64,600
<COMMON>                                       180,035
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     302,361
<TOTAL-LIABILITY-AND-EQUITY>                   674,044
<SALES>                                        138,715
<TOTAL-REVENUES>                               168,454
<CGS>                                           96,434
<TOTAL-COSTS>                                  138,642
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                 1,000
<INTEREST-EXPENSE>                               1,612
<INCOME-PRETAX>                                 27,925
<INCOME-TAX>                                     9,700
<INCOME-CONTINUING>                             18,225
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    18,225
<EPS-PRIMARY>                                      .30
<EPS-DILUTED>                                      .30