10-Q/A

                        SECURITIES AND EXCHANGE COMMISSION

                               Washington, DC 20549

                                   FORM 10-Q/A

                   QUARTERLY REPORT UNDER SECTION 13 OR 15 (d) 
                     OF THE SECURITIES EXCHANGE ACT OF 1934

For Quarter Ended May 26, 1995

Commission File No. 1-5548

Purpose:  The purpose of this amendment is to attach the Financial Data 
          Schedule to the 10-Q

Penobscot Shoe Company
(Exact name of registrant as specified in its charter)

Maine
(State or other jurisdiction of incorporation or organization)

01-0139580
(IRS Employer identification no.)

450 North Main Street, Old Town Maine   
(Address of principal executive offices)

04468
(Zip code)

Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)

Registrant's telephone number, including area code:  (207) 827-4431

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15 (d) of the Securities Exchange Act
of 1934 during the preceding 12 months, and (2) has been subject to such
filing requirements for the past 90 days.  Yes __X__
                                            No _____

Common stock of 1,482,117 shares, $1 par value, was outstanding at 
May 26, 1995








PART II.  OTHER INFORMATION

     Item 6.  Exhibits and Reports on Form 8-K

           (a) Exhibits
      
               Exhibit 27.  Financial Data Schedule

           (b) Reports on Form 8-K

               No reports on Form 8-K have been filed during the
               last quarter of the period covered by this report.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the under-
signed thereunto duly authorized.




                                         Penobscot Shoe Company
                                         _________________________
                                              (Registrant)


Date: July 24, 1995                            Paul Hansen
                                         _________________________
                                         By:   Paul Hansen 
                                         President and
                                         Chief Executive Officer

Date: July 24, 1995                            David L. Keane
                                         _________________________  
                                         By:   David L. Keane
                                         Vice President/Finance and
                                         Administration                     

EX-27

 

<ARTICLE> 5
<MULTIPLIER> 1000
       
                          
<PERIOD-TYPE>                6-MOS
<FISCAL-YEAR-END>                   NOV-24-1995
<PERIOD-END>                        MAY-26-1995
<CASH>                                    2,637
<SECURITIES>                              3,049
<RECEIVABLES>                             2,182
<ALLOWANCES>                               (490)
<INVENTORY>                               3,020
<CURRENT-ASSETS>                         11,071
<PP&E>                                    3,014
<DEPRECIATION>                            2,608
<TOTAL-ASSETS>                           11,478
<CURRENT-LIABILITIES>                     1,448
<BONDS>                                       0
<COMMON>                                  1,533
<PREFERRED-MANDATORY>                         0
<PREFERRED>                                   0
<OTHER-SE>                                8,497
<TOTAL-LIABILITY-AND-EQUITY>             11,478
<SALES>                                   5,575
<TOTAL-REVENUES>                          5,575
<CGS>                                     3,695
<TOTAL-COSTS>                             2,104
<OTHER-EXPENSES>                              0
<LOSS-PROVISION>                              0
<INTEREST-EXPENSE>                         (195)     
<INCOME-PRETAX>                             (29)
<INCOME-TAX>                                (16)
<INCOME-CONTINUING>                         (13)
<DISCONTINUED>                                0
<EXTRAORDINARY>                               0
<CHANGES>                                     0
<NET-INCOME>                                (13)
<EPS-PRIMARY>                              (.01)
<EPS-DILUTED>                              (.01)
        




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