<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-31-1998
<PERIOD-START>                             FEB-02-1998
<PERIOD-END>                               MAY-03-1998
<CASH>                                           7,189
<SECURITIES>                                         0
<RECEIVABLES>                                   23,186
<ALLOWANCES>                                   (1,316)
<INVENTORY>                                     19,971
<CURRENT-ASSETS>                                51,249
<PP&E>                                          39,263
<DEPRECIATION>                                  21,081
<TOTAL-ASSETS>                                  71,245
<CURRENT-LIABILITIES>                           10,379
<BONDS>                                         14,100
<COMMON>                                             8
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      45,690
<TOTAL-LIABILITY-AND-EQUITY>                    71,245
<SALES>                                         27,606
<TOTAL-REVENUES>                                27,606
<CGS>                                           22,544
<TOTAL-COSTS>                                   22,544
<OTHER-EXPENSES>                                 5,067
<LOSS-PROVISION>                                    60
<INTEREST-EXPENSE>                                 641
<INCOME-PRETAX>                                  (682)
<INCOME-TAX>                                     (259)
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     (423)
<EPS-PRIMARY>                                    (.05)
<EPS-DILUTED>                                        0