<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