MICHAELS STORES INC
10-Q, EX-27, 2000-12-12
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 NINE
MONTHS ENDED OCTOBER 28, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO
SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>                     <C>
<PERIOD-TYPE>                   3-MOS                   9-MOS
<FISCAL-YEAR-END>                          FEB-03-2001             FEB-03-2001
<PERIOD-START>                             JUL-30-2000             JAN-30-2000
<PERIOD-END>                               OCT-28-2000             OCT-28-2000
<CASH>                                          24,079                       0
<SECURITIES>                                         0                       0
<RECEIVABLES>                                        0                       0
<ALLOWANCES>                                         0                       0
<INVENTORY>                                    760,230                       0
<CURRENT-ASSETS>                               819,121                       0
<PP&E>                                         519,276                       0
<DEPRECIATION>                                 249,599                       0
<TOTAL-ASSETS>                               1,216,659                       0
<CURRENT-LIABILITIES>                          356,201                       0
<BONDS>                                        125,000                       0
                                0                       0
                                          0                       0
<COMMON>                                         3,406                       0
<OTHER-SE>                                     692,274                       0
<TOTAL-LIABILITY-AND-EQUITY>                 1,216,659                       0
<SALES>                                        526,504               1,437,444
<TOTAL-REVENUES>                               526,504               1,437,444
<CGS>                                          344,831                 951,946
<TOTAL-COSTS>                                  496,732               1,373,524
<OTHER-EXPENSES>                                 (622)                 (2,458)
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                               3,794                  14,172
<INCOME-PRETAX>                                 26,600                  52,206
<INCOME-TAX>                                    10,640                  20,883
<INCOME-CONTINUING>                             15,960                  31,323
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                    15,960                  31,323
<EPS-BASIC>                                       0.45                    0.94
<EPS-DILUTED>                                     0.44                    0.90


</TABLE>


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