<ARTICLE> 5 <LEGEND> SCHEDULE 27.1 This schedule contains summary financial information extracted from the August 29, 1998 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> 0001029294 <NAME> ICON Fitness Corporation <MULTIPLIER> 1000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAY-31-1999 <PERIOD-START> JUN-01-1998 <PERIOD-END> AUG-29-1998 <CASH> 4475 <SECURITIES> 0 <RECEIVABLES> 120614 <ALLOWANCES> 0 <INVENTORY> 143552 <CURRENT-ASSETS> 288910 <PP&E> 92036 <DEPRECIATION> 44193 <TOTAL-ASSETS> 412827 <CURRENT-LIABILITIES> 123592 <BONDS> 490167 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 49701 <OTHER-SE> (250634) <TOTAL-LIABILITY-AND-EQUITY> 412827 <SALES> 117207 <TOTAL-REVENUES> 117207 <CGS> 85525 <TOTAL-COSTS> 35044 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14672 <INCOME-PRETAX> (20072) <INCOME-TAX> (6778) <INCOME-CONTINUING> (13294) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (13294) <EPS-PRIMARY> 0 <EPS-DILUTED> 0