<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM COMMEMORATIVE BRANDS, INC. CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTERLY PERIOD ENDED MAY 29, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> AUG-28-1999 <PERIOD-START> AUG-30-1998 <PERIOD-END> MAY-29-1999 <CASH> 1,566 <SECURITIES> 0 <RECEIVABLES> 48,427 <ALLOWANCES> (2,652) <INVENTORY> 12,715 <CURRENT-ASSETS> 68,817 <PP&E> 49,028 <DEPRECIATION> (8,992) <TOTAL-ASSETS> 224,347 <CURRENT-LIABILITIES> 37,950 <BONDS> 138,938 <PREFERRED-MANDATORY> 0 <PREFERRED> 5 <COMMON> 4 <OTHER-SE> 37,568 <TOTAL-LIABILITY-AND-EQUITY> 224,347 <SALES> 135,186 <TOTAL-REVENUES> 135,186 <CGS> 58,290 <TOTAL-COSTS> 58,290 <OTHER-EXPENSES> 61,746 <LOSS-PROVISION> 360 <INTEREST-EXPENSE> 11,304 <INCOME-PRETAX> 3,846 <INCOME-TAX> 90 <INCOME-CONTINUING> 3,756 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,856 <EPS-BASIC> 7.57 <EPS-DILUTED> 7.57