<ARTICLE> 5 <CIK> 0001058441 <NAME> RAINBOW RENTALS, INC. <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JUL-01-1999 <PERIOD-END> SEP-30-1999 <CASH> 173 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 30,088 <CURRENT-ASSETS> 32,093 <PP&E> 4,220 <DEPRECIATION> 0 <TOTAL-ASSETS> 47,508 <CURRENT-LIABILITIES> 8,769 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 11,039 <OTHER-SE> 19,390 <TOTAL-LIABILITY-AND-EQUITY> 30,429 <SALES> 490 <TOTAL-REVENUES> 20,311 <CGS> 6,765 <TOTAL-COSTS> 6,765 <OTHER-EXPENSES> 9,692 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 191 <INCOME-PRETAX> 2,096 <INCOME-TAX> 869 <INCOME-CONTINUING> 1,227 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,227 <EPS-BASIC> .21 <EPS-DILUTED> .21