<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SECOND QUARTER AND TWENTY-SIX WEEKS ENDED FORM 10-Q AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO IT.
</LEGEND>
<RESTATED> 
<CIK> 0000023249
<NAME> CONCORD FABRICS INC.
       
<S>                             <C>                     <C>                     <C>                     <C>
<PERIOD-TYPE>                   6-MOS                   6-MOS                   3-MOS                   3-MOS
<FISCAL-YEAR-END>                          AUG-29-1999             AUG-30-1998             AUG-29-1999             AUG-30-1998
<PERIOD-START>                             AUG-31-1998             SEP-01-1997             NOV-30-1998             DEC-01-1997
<PERIOD-END>                               FEB-28-1999             MAR-01-1998             FEB-28-1999             MAR-01-1998
<CASH>                                      10,538,473               8,442,437              10,538,473               8,442,437
<SECURITIES>                                         0                       0                       0                       0
<RECEIVABLES>                               15,319,590              19,091,254              15,319,590              19,091,254
<ALLOWANCES>                                         0                       0                       0                       0
<INVENTORY>                                 17,435,189              16,005,692              17,435,189              16,005,692
<CURRENT-ASSETS>                            56,257,050              60,824,158              56,257,050              60,824,158
<PP&E>                                       9,600,659               8,131,678               9,600,659               8,131,678
<DEPRECIATION>                                       0                       0                       0                       0
<TOTAL-ASSETS>                              71,693,484              75,429,171              71,693,484              75,429,171
<CURRENT-LIABILITIES>                        9,476,539              11,260,655               9,476,539              11,260,655
<BONDS>                                              0                       0                       0                       0
<PREFERRED-MANDATORY>                                0                       0                       0                       0
<PREFERRED>                                          0                       0                       0                       0
<COMMON>                                     1,867,554               1,832,554               1,867,554               1,832,554
<OTHER-SE>                                           0                       0                       0                       0
<TOTAL-LIABILITY-AND-EQUITY>                71,693,484              75,429,171              71,693,484              75,429,171
<SALES>                                     42,572,578              50,845,249              19,975,978              26,094,847
<TOTAL-REVENUES>                            42,573,578              50,845,249              19,975,978              26,094,847
<CGS>                                       29,166,111              35,060,890              13,693,014              17,979,549
<TOTAL-COSTS>                               41,301,718              47,965,145              19,602,173              24,545,337
<OTHER-EXPENSES>                                     0                       0                       0                       0
<LOSS-PROVISION>                                     0                       0                       0                       0
<INTEREST-EXPENSE>                             353,591                 353,155                 168,104                 179,114
<INCOME-PRETAX>                              1,270,860               2,880,104                 373,805               1,549,510
<INCOME-TAX>                                   544,000               1,160,000                 169,000                 625,000
<INCOME-CONTINUING>                                  0                       0                       0                       0
<DISCONTINUED>                                       0                       0                       0                       0
<EXTRAORDINARY>                                      0                       0                       0                       0
<CHANGES>                                            0                       0                       0                       0
<NET-INCOME>                                   726,860               1,720,104                 204,805                 924,510
<EPS-PRIMARY>                                      .20                     .47                     .06                     .25
<EPS-DILUTED>                                      .19                     .45                     .05                     .24
        

</TABLE>