<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TANDY BRANDS
ACCESSORIES, INC'S SEPTEMBER 30, 1997, FORM 10-Q AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FORM 10-Q FILINGS. DOLLARS ARE IN THOUSANDS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          JUN-30-1998
<PERIOD-END>                               SEP-30-1997
<CASH>                                             656
<SECURITIES>                                         0
<RECEIVABLES>                                   22,685
<ALLOWANCES>                                     1,650
<INVENTORY>                                     35,096
<CURRENT-ASSETS>                                59,064
<PP&E>                                           9,866
<DEPRECIATION>                                   5,053
<TOTAL-ASSETS>                                  73,742
<CURRENT-LIABILITIES>                            7,720
<BONDS>                                         21,100
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,544
<OTHER-SE>                                      39,066
<TOTAL-LIABILITY-AND-EQUITY>                    73,742
<SALES>                                         30,865
<TOTAL-REVENUES>                                30,865
<CGS>                                           19,249
<TOTAL-COSTS>                                   19,249
<OTHER-EXPENSES>                                   437
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 274
<INCOME-PRETAX>                                  3,132
<INCOME-TAX>                                     1,200
<INCOME-CONTINUING>                              1,932
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,932
<EPS-PRIMARY>                                      .34
<EPS-DILUTED>                                      .34