<ARTICLE> 5 <LEGEND> The Schedule contains summary financial information extracted from the financial statements for Michael Anthony Jewleers, Inc. and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> JAN-31-1998 <PERIOD-START> FEB-02-1997 <PERIOD-END> JAN-31-1998 <CASH> 6,747 <SECURITIES> 0 <RECEIVABLES> 23,470 <ALLOWANCES> 1,196 <INVENTORY> 12,913 <CURRENT-ASSETS> 45,961 <PP&E> 42,768 <DEPRECIATION> 24,723 <TOTAL-ASSETS> 65,644 <CURRENT-LIABILITIES> 8,701 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 8 <OTHER-SE> 43,389 <TOTAL-LIABILITY-AND-EQUITY> 65,644 <SALES> 129,949 <TOTAL-REVENUES> 129,949 <CGS> 107,182 <TOTAL-COSTS> 107,182 <OTHER-EXPENSES> 23,869 <LOSS-PROVISION> 284 <INTEREST-EXPENSE> 2,827 <INCOME-PRETAX> (4,213) <INCOME-TAX> (1,601) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,612) <EPS-PRIMARY> (.34) <EPS-DILUTED> 0