<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED STATEMENTS OF INCOME AND THE CONSOLIDATED BALANCE SHEETS FILED AS PART OF THE COMPANY'S QUARTERLY REPORT ON FORM 10-Q AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS ON FORM 10-Q. </LEGEND> <CIK> 0000786110 <NAME> THE GYMBOREE CORPORATION <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> FEB-02-1997 <PERIOD-START> FEB-05-1996 <PERIOD-END> MAY-05-1996 <EXCHANGE-RATE> 1 <CASH> 11,476 <SECURITIES> 74,983 <RECEIVABLES> 4,319 <ALLOWANCES> 0 <INVENTORY> 29,091 <CURRENT-ASSETS> 122,211 <PP&E> 62,800 <DEPRECIATION> 13,554 <TOTAL-ASSETS> 171,974 <CURRENT-LIABILITIES> 28,045 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 57,355 <OTHER-SE> 75,264 <TOTAL-LIABILITY-AND-EQUITY> 171,974 <SALES> 69,103 <TOTAL-REVENUES> 69,103 <CGS> 35,447 <TOTAL-COSTS> 35,447 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 13,859 <INCOME-TAX> 5,266 <INCOME-CONTINUING> 8,593 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,593 <EPS-PRIMARY> 0.34 <EPS-DILUTED> 0.34