<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TANDY BRANDS ACCESSORIES, INC.'S DECEMBER 31, 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> 6-MOS <FISCAL-YEAR-END> JUN-30-1998 <PERIOD-END> DEC-31-1997 <CASH> 948 <SECURITIES> 0 <RECEIVABLES> 24,300 <ALLOWANCES> 2,138 <INVENTORY> 36,479 <CURRENT-ASSETS> 62,060 <PP&E> 10,208 <DEPRECIATION> 5,304 <TOTAL-ASSETS> 76,626 <CURRENT-LIABILITIES> 8,338 <BONDS> 20,636 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,562 <OTHER-SE> 41,844 <TOTAL-LIABILITY-AND-EQUITY> 76,626 <SALES> 67,688 <TOTAL-REVENUES> 67,688 <CGS> 42,541 <TOTAL-COSTS> 42,541 <OTHER-EXPENSES> 880 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 626 <INCOME-PRETAX> 7,563 <INCOME-TAX> 2,900 <INCOME-CONTINUING> 4,663 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,663 <EPS-PRIMARY> .84 <EPS-DILUTED> .82