<ARTICLE> 5 <LEGEND> SCHEDULE 27.3 This schedule contains summary financial information extracted from the May 31, 1998 Financial Statements included in the Company's Form 10-K and is qualified in its entirety by reference to such Form 10-K. </LEGEND> <CIK> 0000934798 <NAME> ICON Health & Fitness Inc <MULTIPLIER> 1000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAY-31-1998 <PERIOD-START> JUN-01-1997 <PERIOD-END> MAY-31-1998 <CASH> 3892 <SECURITIES> 0 <RECEIVABLES> 131188 <ALLOWANCES> 6887 <INVENTORY> 121466 <CURRENT-ASSETS> 267819 <PP&E> 89398 <DEPRECIATION> 40579 <TOTAL-ASSETS> 363129 <CURRENT-LIABILITIES> 114951 <BONDS> 268495 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 166186 <OTHER-SE> (186503) <TOTAL-LIABILITY-AND-EQUITY> 363129 <SALES> 749313 <TOTAL-REVENUES> 749313 <CGS> 535976 <TOTAL-COSTS> 189441 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 35058 <INCOME-PRETAX> (15431) <INCOME-TAX> (5897) <INCOME-CONTINUING> (9534) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (9534) <EPS-PRIMARY> 0 <EPS-DILUTED> 0