<ARTICLE> 5 <LEGEND> THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FINANCIAL STATEMENTS FOR MICHAEL ANTHONY JEWELERS, INC. AND IS QUALILFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-25-1997 <PERIOD-START> APR-28-1996 <PERIOD-END> JUL-27-1996 <CASH> 9,582 <SECURITIES> 0 <RECEIVABLES> 19,020 <ALLOWANCES> (1,177) <INVENTORY> 21,198 <CURRENT-ASSETS> 50,718 <PP&E> 36,784 <DEPRECIATION> 18,455 <TOTAL-ASSETS> 71,113 <CURRENT-LIABILITIES> 8,537 <BONDS> 16,187 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 8 <OTHER-SE> 45,343 <TOTAL-LIABILITY-AND-EQUITY> 71,113 <SALES> 27,706 <TOTAL-REVENUES> 0 <CGS> 23,641 <TOTAL-COSTS> 4,065 <OTHER-EXPENSES> (131) <LOSS-PROVISION> 40 <INTEREST-EXPENSE> 722 <INCOME-PRETAX> (1,008) <INCOME-TAX> (383) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (625) <EPS-PRIMARY> (.08) <EPS-DILUTED> 0