<TABLE> <S> <C>

<PAGE>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF COST PLUS, INC. FOR THE NINE MONTHS ENDED OCTOBER 28,
2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          FEB-03-2001
<PERIOD-START>                             JAN-30-2000
<PERIOD-END>                               OCT-28-2000
<CASH>                                           1,210
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                    137,493
<CURRENT-ASSETS>                               150,630
<PP&E>                                         133,143
<DEPRECIATION>                                  58,743
<TOTAL-ASSETS>                                 237,056
<CURRENT-LIABILITIES>                           65,396
<BONDS>                                              0
                                0
                                          0
<COMMON>                                           210
<OTHER-SE>                                     149,635
<TOTAL-LIABILITY-AND-EQUITY>                   237,056
<SALES>                                        286,916
<TOTAL-REVENUES>                               286,916
<CGS>                                          188,159
<TOTAL-COSTS>                                  281,749
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 471
<INCOME-PRETAX>                                  4,696
<INCOME-TAX>                                     1,831
<INCOME-CONTINUING>                              2,865
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,865
<EPS-BASIC>                                        .14
<EPS-DILUTED>                                      .13


</TABLE>



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