<ARTICLE> 5 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUL-31-1996 <PERIOD-END> JUL-31-1996 <CASH> 405,753 <SECURITIES> 0 <RECEIVABLES> 293,681 <ALLOWANCES> 0 <INVENTORY> 19,704,076 <CURRENT-ASSETS> 24,352,519 <PP&E> 26,457,021 <DEPRECIATION> (9,742,056) <TOTAL-ASSETS> 42,125,025 <CURRENT-LIABILITIES> 13,530,167 <BONDS> 9,654,094 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 53,194 <OTHER-SE> 18,593,907 <TOTAL-LIABILITY-AND-EQUITY> 42,125,025 <SALES> 75,996,009 <TOTAL-REVENUES> 77,531,661 <CGS> 50,737,316 <TOTAL-COSTS> 51,441,319 <OTHER-EXPENSES> 32,315,934 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,074,497 <INCOME-PRETAX> (7,144,334) <INCOME-TAX> (2,651,525) <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (4,492,809) <EPS-PRIMARY> (0.86) <EPS-DILUTED> (0.86)