<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