<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Tandy Brands
Accessories, Inc.'s September 30, 1998, 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-30-1999
<PERIOD-END>                               SEP-30-1998
<CASH>                                              54
<SECURITIES>                                         0
<RECEIVABLES>                                   33,261
<ALLOWANCES>                                     1,394
<INVENTORY>                                     55,812
<CURRENT-ASSETS>                                90,331
<PP&E>                                          16,707
<DEPRECIATION>                                   5,739
<TOTAL-ASSETS>                                 120,016
<CURRENT-LIABILITIES>                           30,958
<BONDS>                                         35,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,681
<OTHER-SE>                                      48,037
<TOTAL-LIABILITY-AND-EQUITY>                   120,016
<SALES>                                         44,281
<TOTAL-REVENUES>                                44,281
<CGS>                                           27,801
<TOTAL-COSTS>                                   27,801
<OTHER-EXPENSES>                                   747
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 745
<INCOME-PRETAX>                                  3,895
<INCOME-TAX>                                     1,511
<INCOME-CONTINUING>                              2,384
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     2,384
<EPS-PRIMARY>                                      .42
<EPS-DILUTED>                                      .41