<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET OF THE MAXIM GROUP, INC. AND SUBSIDIARIES AS OF JANUARY 31, 1997 AND THE RESTATED CONSOLIDATED STATEMENTS OF INCOME AND CASH FLOWS FOR THE YEAR ENDED JANUARY 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <RESTATED> <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-31-1997 <PERIOD-START> FEB-01-1996 <PERIOD-END> JAN-31-1997 <CASH> 6,439 <SECURITIES> 0 <RECEIVABLES> 49,845 <ALLOWANCES> 2,059 <INVENTORY> 43,487 <CURRENT-ASSETS> 104,069 <PP&E> 138,917 <DEPRECIATION> 37,514 <TOTAL-ASSETS> 219,673 <CURRENT-LIABILITIES> 45,782 <BONDS> 91,100 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 13 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 219,673 <SALES> 309,721 <TOTAL-REVENUES> 309,721 <CGS> 222,290 <TOTAL-COSTS> 72,366 <OTHER-EXPENSES> 302 <LOSS-PROVISION> 375 <INTEREST-EXPENSE> 7,006 <INCOME-PRETAX> 4,074 <INCOME-TAX> 1,929 <INCOME-CONTINUING> 2,145 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,145 <EPS-PRIMARY> .16 <EPS-DILUTED> .15 <FN> <F1>Tag (EPS-PRIMARY) Denotes Basic EPS. </FN>