<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TANDY BRANDS ACCESSORIES, INC.'S MARCH 31, 1997 FORM 10-Q (RESTATED AS REQUIRED BY REGULATION S-K ITEM 601(c)(2)(iii).) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q FILINGS. DOLLARS ARE IN THOUSANDS. </LEGEND> <RESTATED> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> JUN-30-1997 <PERIOD-END> MAR-31-1997 <CASH> 383 <SECURITIES> 0 <RECEIVABLES> 19,152 <ALLOWANCES> 1,214 <INVENTORY> 33,831 <CURRENT-ASSETS> 54,100 <PP&E> 10,101 <DEPRECIATION> 5,007 <TOTAL-ASSETS> 69,079 <CURRENT-LIABILITIES> 11,056 <BONDS> 16,850 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,470 <OTHER-SE> 35,451 <TOTAL-LIABILITY-AND-EQUITY> 69,079 <SALES> 77,462 <TOTAL-REVENUES> 77,462 <CGS> 48,706 <TOTAL-COSTS> 48,706 <OTHER-EXPENSES> 1,304 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 954 <INCOME-PRETAX> 5,602 <INCOME-TAX> 2,094 <INCOME-CONTINUING> 3,508 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,508 <EPS-PRIMARY> .65 <EPS-DILUTED> .64