<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF SHONEY'S, INC. FOR THE PERIOD ENDED OCTOBER 26, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> OCT-26-1997 <PERIOD-START> OCT-28-1996 <PERIOD-END> OCT-26-1997 <CASH> 11,851,223 <SECURITIES> 0 <RECEIVABLES> 13,206,997 <ALLOWANCES> 1,595,628 <INVENTORY> 38,382,843 <CURRENT-ASSETS> 133,542,618 <PP&E> 790,076,204 <DEPRECIATION> 343,645,369 <TOTAL-ASSETS> 644,688,759 <CURRENT-LIABILITIES> 171,778,293 <BONDS> 466,038,617 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 48,568,109 <OTHER-SE> (60,913,069) <TOTAL-LIABILITY-AND-EQUITY> 644,688,759 <SALES> 1,202,755,479 <TOTAL-REVENUES> 1,227,076,365 <CGS> 1,093,789,290 <TOTAL-COSTS> 1,277,173,669 <OTHER-EXPENSES> 138,368,585 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 45,015,794 <INCOME-PRETAX> (50,097,304) <INCOME-TAX> (14,386,462) <INCOME-CONTINUING> (35,710,842) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (35,710,842) <EPS-PRIMARY> (0.74) <EPS-DILUTED> (0.74)