<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TANDY BRANDS ACCESSORIES, INC.'S DECEMBER 31, 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> 6-MOS <FISCAL-YEAR-END> JUN-30-1999 <PERIOD-END> DEC-31-1998 <CASH> 713 <SECURITIES> 0 <RECEIVABLES> 40,067 <ALLOWANCES> 3,192 <INVENTORY> 54,032 <CURRENT-ASSETS> 94,272 <PP&E> 17,322 <DEPRECIATION> 6,127 <TOTAL-ASSETS> 124,505 <CURRENT-LIABILITIES> 16,495 <BONDS> 50,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 5,720 <OTHER-SE> 52,018 <TOTAL-LIABILITY-AND-EQUITY> 124,505 <SALES> 98,403 <TOTAL-REVENUES> 98,403 <CGS> 61,854 <TOTAL-COSTS> 61,854 <OTHER-EXPENSES> 1,554 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,588 <INCOME-PRETAX> 9,937 <INCOME-TAX> 3,875 <INCOME-CONTINUING> 6,062 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,062 <EPS-PRIMARY> 1.07 <EPS-DILUTED> 1.05