<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