<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TANDY BRANDS ACCESSORIES, INC.'S SEPTEMBER 30, 1997 AND 1996, 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> 3-MOS 9-MOS <FISCAL-YEAR-END> JUN-30-1998 JUN-30-1997 <PERIOD-END> SEP-30-1997 SEP-30-1996 <CASH> 656 361 <SECURITIES> 0 0 <RECEIVABLES> 22,685 16,951 <ALLOWANCES> 1,650 1,003 <INVENTORY> 35,096 26,412 <CURRENT-ASSETS> 59,064 1,797 <PP&E> 9,866 9,461 <DEPRECIATION> 5,053 4,517 <TOTAL-ASSETS> 73,742 66,493 <CURRENT-LIABILITIES> 7,720 11,222 <BONDS> 21,100 16,800 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 0 0 <COMMON> 5,544 5,417 <OTHER-SE> 39,066 32,738 <TOTAL-LIABILITY-AND-EQUITY> 73,742 66,493 <SALES> 30,865 23,661 <TOTAL-REVENUES> 30,865 23,661 <CGS> 19,249 14,728 <TOTAL-COSTS> 19,249 14,728 <OTHER-EXPENSES> 437 446 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 274 286 <INCOME-PRETAX> 3,132 1,681 <INCOME-TAX> 1,200 618 <INCOME-CONTINUING> 1,932 1,063 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 0 <NET-INCOME> 1,932 1,063 <EPS-PRIMARY> .35 .20 <EPS-DILUTED> .35 .20