<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS OF MCRAE INDUSTRIES FOR THE TWELVE MONTHS ENDED AUGUST 1, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> AUG-01-1998 <PERIOD-START> AUG-03-1997 <PERIOD-END> AUG-01-1998 <CASH> 5,766 <SECURITIES> 63 <RECEIVABLES> 10,035 <ALLOWANCES> 567 <INVENTORY> 11,468 <CURRENT-ASSETS> 27,793 <PP&E> 15,480 <DEPRECIATION> 9,120 <TOTAL-ASSETS> 40,457 <CURRENT-LIABILITIES> 6,385 <BONDS> 5,594 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,769 <OTHER-SE> 25,015 <TOTAL-LIABILITY-AND-EQUITY> 40,457 <SALES> 60,087 <TOTAL-REVENUES> 60,087 <CGS> 44,587 <TOTAL-COSTS> 56,982 <OTHER-EXPENSES> (759) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 513 <INCOME-PRETAX> 3,864 <INCOME-TAX> 1,554 <INCOME-CONTINUING> 2,265 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,265 <EPS-PRIMARY> .82 <EPS-DILUTED> .82