<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS FOR MICHAEL ANTHONY JEWELERS, INC. AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> JAN-27-1996 <PERIOD-START> APR-30-1995 <PERIOD-END> JUL-29-1995 <CASH> 6,349 <SECURITIES> 0 <RECEIVABLES> 23,105 <ALLOWANCES> (1,359) <INVENTORY> 23,270 <CURRENT-ASSETS> 52,876 <PP&E> 32,408 <DEPRECIATION> 14,756 <TOTAL-ASSETS> 72,724 <CURRENT-LIABILITIES> 10,401 <BONDS> 16,503 <COMMON> 9 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 44,817 <TOTAL-LIABILITY-AND-EQUITY> 72,724 <SALES> 24,902 <TOTAL-REVENUES> 0 <CGS> 21,628 <TOTAL-COSTS> 4,047 <OTHER-EXPENSES> (210) <LOSS-PROVISION> 90 <INTEREST-EXPENSE> 899 <INCOME-PRETAX> (1,552) <INCOME-TAX> (621) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (931) <EPS-PRIMARY> (.11) <EPS-DILUTED> 0