MICHAELS STORES INC
10-Q, EX-27, 2000-09-12
HOBBY, TOY & GAME SHOPS
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<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMPANY'S CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE THREE AND SIX
MONTHS ENDED JULY 29, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   6-MOS
<FISCAL-YEAR-END>                          FEB-03-2001             FEB-03-2001
<PERIOD-START>                             APR-30-2000             JAN-30-2000
<PERIOD-END>                               JUL-29-2000             JUL-29-2000
<CASH>                                          88,102                       0
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                    646,840                       0
<CURRENT-ASSETS>                               773,906                       0
<PP&E>                                         493,874                       0
<DEPRECIATION>                                 236,328                       0
<TOTAL-ASSETS>                               1,158,041                       0
<CURRENT-LIABILITIES>                          233,446                       0
<BONDS>                                        125,000                       0
                                0                       0
                                          0                       0
<COMMON>                                         3,604                       0
<OTHER-SE>                                     758,517                       0
<TOTAL-LIABILITY-AND-EQUITY>                 1,158,041                       0
<SALES>                                        438,392                 910,940
<TOTAL-REVENUES>                               438,392                 910,940
<CGS>                                          294,721                 607,115
<TOTAL-COSTS>                                  424,917                 876,792
<OTHER-EXPENSES>                                 (847)                 (1,836)
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               4,858                  10,378
<INCOME-PRETAX>                                  9,454                  25,606
<INCOME-TAX>                                     3,785                  10,243
<INCOME-CONTINUING>                              5,679                  15,363
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     5,679                  15,363
<EPS-BASIC>                                       0.17                    0.48
<EPS-DILUTED>                                     0.16                    0.45


</TABLE>


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