<ARTICLE> 5 <LEGEND> SCHEDULE 27.3 This schedule contains summary financial information extracted from the August 30, 1997 Financial Statements included in the Company's Form 10-Q and is qualified in its entirety by reference to such Form 10-Q. </LEGEND> <CIK> 0000934798 <NAME> ICON Health & Fitness Inc <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-1998 <PERIOD-START> JUN-01-1997 <PERIOD-END> AUG-30-1997 <CASH> 5671 <SECURITIES> 0 <RECEIVABLES> 156498 <ALLOWANCES> 12792 <INVENTORY> 162069 <CURRENT-ASSETS> 360970 <PP&E> 81405 <DEPRECIATION> 30817 <TOTAL-ASSETS> 453799 <CURRENT-LIABILITIES> 147761 <BONDS> 325875 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 166184 <OTHER-SE> (187730) <TOTAL-LIABILITY-AND-EQUITY> 453799 <SALES> 127482 <TOTAL-REVENUES> 127482 <CGS> 92660 <TOTAL-COSTS> 42402 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8482 <INCOME-PRETAX> (17298) <INCOME-TAX> (6374) <INCOME-CONTINUING> (10919) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (10919) <EPS-PRIMARY> 0 <EPS-DILUTED> 0