SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 10-Q

X  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
   ACT OF 1934 For the quarterly period ended APRIL 30, 1999, or

__ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE
   ACT OF 1934 FOR THE TRANSITION PERIOD FROM _______ TO ________.

                         Commission file number 0-15194

                               SOUND ADVICE, INC.
             (Exact name of registrant as specified in its charter)

        FLORIDA                                                   59-1520531
(State or other jurisdiction of                               (I.R.S. employer
incorporation or organization)                               identification no.)

              1901 TIGERTAIL BOULEVARD, DANIA BEACH, FLORIDA 33004
               (Address of principal executive offices) (Zip Code)

                                 (954) 922-4434
              (Registrant's telephone number, including area code)

                                 NOT APPLICABLE
              (Former name, former address and former fiscal year,
                          if changed since last report)

         INDICATE BY CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL REPORTS
REQUIRED TO BE FILED BY SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF
1934 DURING THE PRECEDING 12 MONTHS (OR FOR SUCH SHORTER PERIOD THAT THE
REGISTRANT WAS REQUIRED TO FILE SUCH REPORTS), AND (2) HAS BEEN SUBJECT TO SUCH
FILING REQUIREMENTS FOR THE PAST 90 DAYS. YES __X__  NO _____

         INDICATE THE NUMBER OF SHARES OUTSTANDING OF EACH OF THE ISSUER'S
CLASSES OF COMMON STOCK, AS OF THE LATEST PRACTICAL DATE.

COMMON STOCK, PAR VALUE $.01 PER SHARE - 3,733,894 SHARES OUTSTANDING AS OF JUNE
4, 1999.

<PAGE>

                        SOUND ADVICE, INC. AND SUBSIDIARY

                                      INDEX
<TABLE>
<CAPTION>

                                                                                       PAGE
                                                                                       ----
<S>                                                                                    <C>
PART I - FINANCIAL INFORMATION

Item 1.           Condensed Consolidated Financial Statements

                  Condensed Consolidated Balance Sheets (Unaudited)
                  April 30, 1999 and January 31, 1999                                  3

                  Condensed Consolidated Statements of Income (Unaudited)
                  for the Three Months Ended April 30, 1999 and 1998                   4

                  Condensed Consolidated Statements of Cash Flows (Unaudited)
                  for the Three Months Ended April 30, 1999 and 1998                   5

                  Notes to Condensed Consolidated Financial Statements                 6-8

Item 2.           Management's Discussion and Analysis of
                  Financial Condition and Results of Operations                        9-12

PART II - OTHER INFORMATION

Item 6.           Exhibits and Reports on Form 8-K                                     13

SIGNATURES                                                                             14
</TABLE>
                                     Page 2

<PAGE>
<TABLE>
<CAPTION>
                        SOUND ADVICE, INC. AND SUBSIDIARY
               Condensed Consolidated Balance Sheets (Unaudited)
                       April 30, 1999 and January 31, 1999

                                                     APRIL 30,     JANUARY 31,
                                                        1999            1999
                                                   ------------    ------------
<S>                                                <C>             <C>
ASSETS
Current Assets:
  Cash                                             $     80,384    $  1,384,051
  Receivables:
    Vendors                                           5,020,397       5,376,641
    Trade                                               948,368         868,378
    Employees                                           381,635         339,451
                                                   ------------    ------------
                                                      6,350,400       6,584,470
  Less allowance for doubtful accounts                 (511,200)       (440,900)
                                                   ------------    ------------
                                                      5,839,200       6,143,570

  Inventories                                        31,720,995      30,987,826
  Prepaid and other current assets                      474,048         472,122
  Deferred tax assets                                        --              --
                                                   ------------    ------------
         Total current assets                        38,114,627      38,987,569

Property and equipment, net                          15,491,557      16,006,704

Deferred tax assets, net                                245,000              --

Other assets                                            112,924         115,040

Goodwill, net                                           101,616         107,729
                                                   ------------    ------------
                                                   $ 54,065,724    $ 55,217,042
                                                   ============    ============
LIABILITIES AND SHAREHOLDERS' EQUITY
Current Liabilities:
  Borrowings under revolving credit facility       $ 16,345,528    $ 13,775,936
  Accounts payable                                    9,116,401      12,310,092
  Accrued liabilities                                 6,584,227       7,671,639
  Current maturities of long-term debt                  421,315         467,483
                                                   ------------    ------------
         Total current liabilities                   32,467,471      34,225,150


  Capital lease obligation                              795,152         797,180

  Other liabilities and deferred credits              4,124,836       4,136,776
                                                   ------------    ------------
                                                     37,387,459      39,159,106
                                                   ------------    ------------
Shareholders' Equity:
  Common stock, $.01 par value; authorized
  10,000,000 shares; issued and outstanding
  3,733,894 shares at April 30, 1999
  and January 31, 1999                                   37,339          37,339
  Additional paid-in capital                         11,067,455      11,067,455
  Retained earnings                                   5,573,471       4,953,142
                                                   ------------    ------------
         Total shareholders' equity                  16,678,265      16,057,936

Commitments and contingencies
                                                   ------------    ------------
                                                   $ 54,065,724    $ 55,217,042
                                                   ============    ============
</TABLE>
See accompanying notes to condensed consolidated financial statements.

                                     Page 3

<PAGE>
<TABLE>
<CAPTION>
                        SOUND ADVICE, INC. AND SUBSIDIARY
            Condensed Consolidated Statements of Income (Unaudited)
               For the Three Months Ended April 30, 1999 and 1998



                                         1999              1998
                                      -----------      -----------
<S>                                   <C>              <C>
Net sales                             $39,027,363      $33,648,350

Cost of goods sold                     25,440,170       21,803,311
                                      -----------      -----------

    Gross profit                       13,587,193       11,845,039

Selling, general and administrative
     expenses                          12,626,737       11,238,430
                                      -----------      -----------


Income from operations                    960,456          606,609

Other income (expense):
    Interest expense                     (349,542)        (378,130)
    Other, net                              9,415           17,445
                                      -----------      -----------

Income before income taxes                620,329          245,924

Income taxes                                   --          129,000
                                      -----------      -----------

    Net income                        $   620,329      $   116,924
                                      ===========      ===========

Common and common equivalent
  per share amounts:
   Basic net income per share         $      0.17      $      0.03
                                      ===========      ===========

   Diluted net income per share       $      0.15      $      0.03
                                      ===========      ===========

Weighted average number of shares
  outstanding - basic                   3,733,894        3,728,894
                                      ===========      ===========

Weighted average number of shares
  outstanding - diluted                 4,057,594        3,783,567
                                      ===========      ===========
</TABLE>

See accompanying notes to condensed consolidated financial statements.


                                     Page 4
<PAGE>
<TABLE>
<CAPTION>
                        SOUND ADVICE, INC. AND SUBSIDIARY
          Condensed Consolidated Statements of Cash Flows (Unaudited)
               For the Three Months Ended April 30, 1999 and 1998


                                                         1999            1998
                                                     ------------    ------------
<S>                                                  <C>             <C>
Cash Flows From Operating Activities:
  Net income                                         $    620,329    $    116,924
  Adjustments to reconcile net loss to net cash
  (used in) provided by operating activities:
      Depreciation and amortization                       871,833         814,085
      Gain on disposition of assets                        (6,986)             --
      Deferred income taxes                              (245,000)             --
      Changes in operating assets and liabilities:
      Decrease (increase) in:
          Receivables                                     304,370       1,073,032
          Inventories                                    (733,169)      1,383,932
          Prepaid and other current assets                 (1,926)        (81,383)
          Other assets                                     (2,384)         22,634
      Increase (decrease) in:
          Accounts payable                             (3,193,691)     (7,914,706)
          Accrued liabilities                          (1,087,412)     (1,909,549)
          Other liabilities & deferred credits            (11,940)       (184,613)
                                                     ------------    ------------
 Net cash (used in) operating activities               (3,485,976)     (6,679,644)
                                                     ------------    ------------

Cash Flows From Investing Activities:
    Capital expenditures                                 (351,087)       (666,377)
    Proceeds from disposition of assets                    12,000              --
                                                     ------------    ------------
 Net cash used in investing activities                   (339,087)       (666,377)
                                                     ------------    ------------

Cash Flows From Financing Activities:
    Borrowings on revolving credit facility            46,625,700      43,219,476
    Repayments on revolving credit facility           (44,056,108)    (37,455,987)
    Net repayments of long-term debt                      (46,168)        (43,567)
    Increase in cash overdraft                                 --         290,225
    Reductions in capital lease obligation                 (2,028)         (1,677)
                                                     ------------    ------------
 Net cash provided by financing activities              2,521,396       6,008,470
                                                     ------------    ------------

    Decrease in cash                                   (1,303,667)     (1,337,551)
    Cash, beginning of period                           1,384,051       1,421,392
                                                     ------------    ------------

Cash, end of period                                  $     80,384    $     83,841
                                                     ============    ============

Supplemental disclosures of cash flow information:
    Interest paid                                    $    264,289    $    303,364
                                                     ============    ============

    Income taxes paid, net of refunds                $    550,000    $    475,000
                                                     ============    ============
</TABLE>

See accompanying notes to condensed consolidated financial statements.

                                     Page 5

<PAGE>

                        SOUND ADVICE, INC. AND SUBSIDIARY
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1.)      BASIS OF PRESENTATION
         The accompanying unaudited condensed consolidated financial statements
have been prepared in conformity with instructions to Form 10-Q and therefore do
not include all of the information and footnotes required by generally accepted
accounting principles for complete financial statements. Certain items included
in these statements are based on management estimates. In the opinion of
management, the accompanying financial statements contain all adjustments,
consisting of normal, recurring accruals, necessary to present fairly the
financial position of the Company at April 30, 1999 and January 31, 1999 and the
statements of income for the three month periods ended April 30, 1999 and 1998
and statements of cash flows for the three month periods ended April 30, 1999
and 1998. The results of operations for the three months ended April 30, 1999
are not necessarily indicative of the operating results expected for the fiscal
year ending January 31, 2000. These financial statements should be read in
conjunction with the consolidated financial statements and notes thereto
contained in the Company's annual report on Form 10-K for the year ended January
31, 1999.

2.)      EARNINGS PER SHARE
         Basic earnings per share is computed by dividing net income available
to common shareholders by the weighted-average number of common shares
outstanding during the period. Diluted earnings per share is computed by
dividing income available to common shareholders by the weighted-average number
of common shares outstanding during the period increased to include the number
of additional common shares that would have been outstanding if the diluted
potential common shares had been issued. The diluted effect of outstanding
options is reflected in diluted earnings per share by application of the
treasury stock method.

                                     Page 6

<PAGE>

3.)      SEASONALITY
         Historically, the Company's net sales are greater during the holiday
season than during other periods of the year. Net sales by fiscal quarters and
their related percentages for the trailing four quarters ended April 30, 1999
and 1998 are as follows:

                     TRAILING FOUR QUARTERS ENDED APRIL 30,
                             (Dollars in Thousands)

QUARTERLY SALES

                                           1999                 1998
                                           ----                 ----

                                    AMOUNT       %        AMOUNT     %

First  Quarter                       $39,027     24.4%    $33,648    22.1%
  (February - April)
Fourth  Quarter                        53,002    33.1      48,808    32.1
  (November - January)

Third Quarter                          34,423    21.5      36,282    23.8
  (August - October)

Second  Quarter                        33,518    21.0      33,347    22.0
  (May - July)                       --------    ----    --------    ----


SALES FOR TRAILING TWELVE            $159,970    100%    $152,085    100%
MONTHS ENDED APRIL 30,               ========    ====    ========    ====
1999 AND 1998, RESPECTIVELY

4.)      PROPERTY AND EQUIPMENT, NET
         Property and equipment, net, consists of the following:

                                           APRIL 30, 1999       JANUARY 31, 1999
                                           --------------       ----------------

Land                                       $      521,465       $       521,465
Building                                        1,119,605             1,119,605
Furniture and equipment                         9,867,951             9,664,424
Leasehold improvements                         19,182,448            19,100,481
Display fixtures                                7,233,133             7,183,697
Vehicles                                        1,059,418             1,097,490
                                            -------------        --------------
         Total                                 38,984,020            38,687,162
Less accumulated depreciation                 (23,492,463)          (22,680,458)
                                            -------------        --------------
Property and equipment, net               $    15,491,557       $    16,006,704
                                          ===============       ===============

                                     Page 7

<PAGE>


5.)      PROVISION FOR INCOME TAXES
         The Company recorded a deferred tax asset of approximately $245,000 as
a result of a change in the valuation reserve for deferred taxes. The income tax
provision for the quarter ended April 30, 1998, includes an amount for taxes
payable on pretax operating income and an increase in the valuation reserve for
deferred tax assets.

                                     Page 8

<PAGE>

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
         RESULTS OF OPERATIONS

RESULTS OF OPERATIONS
        The Company's net sales for the quarter ended April 30, 1999 increased
$5,379,000 or 16.0% to $39,027,000 compared to $33,648,000 in the corresponding
period in the prior fiscal year. The increase in sales is attributable to the
increase in comparable store sales and the addition of two new full size stores
in November 1998 and two Bang & Olufsen concept stores in February 1998 and
December 1998. Sales increases were recorded in each of the major sales
categories of audio, video and mobile electronics. The cell phone category,
which has been deemphasized in the product mix, was the only category with a
significant sales reduction of approximately $795,000 from the prior year.
Comparable store net sales increased 7.0% in the quarter ended April 30, 1999 as
compared to the corresponding quarter in the prior year. The comparable store
sales were adjusted to exclude the new stores opened in November and December
1998. The Company's operations, in common with other retailers in general, are
subject to seasonal influences. Historically, the Company has realized greater
sales and profits during the holiday selling season.

         Gross profit increased by $1,742,000 or 14.7% in the quarter ended
April 30, 1999 compared to the corresponding quarter in the prior fiscal year.
The gross profit percentage was 34.8% in the quarter ended April 30, 1999 as
compared to 35.2% in the quarter ended April 30, 1998. The increase in gross
profit is directly related to the increased sales and the reduction of the gross
profit percentage is directly related to the Company's sales mix.

         Selling, general and administrative expenses ("SG&A") increased by
$1,388,000 or 12.4% in the quarter ended April 30, 1999 over the corresponding
period in the prior year. The increase in SG&A expense is related to increased
sales commissions resulting from the increase in gross margin and expenses
associated with the addition of the new stores. SG&A as a percentage of net
sales decreased to 32.4% in the quarter ended April 30, 1999 as compared to
33.4% in the corresponding period in the prior year. This percentage decrease is
related to the increase in net sales for the period.

         Interest expense for the quarter ended April 30, 1999 was $350,000, a
decrease of $29,000 from the corresponding period in the prior fiscal year. The
decrease was primarily reflective of a lower effective interest rate under the
Company's revolving credit facility on an increased level of borrowing as
compared to the comparable period in the prior fiscal year.

         The Company recorded a deferred tax asset of approximately $245,000 as
a result of a change in the valuation reserve for deferred taxes. The income tax
provision in the 1998 period includes an amount for taxes payable on pretax
operating income and an increase in the valuation reserve for deferred tax
assets. The Company recorded an income tax provision of $129,000 for the quarter
ended April 30, 1998.

                                     Page 9

<PAGE>

         Net Income for the quarter ended April 30, 1999 was $620,000 or $.17
per share (basic) compared to net income of $117,000 or $.03 per share (basic)
for the same quarter in the previous fiscal year. The increase in net income in
the quarter ended April 30, 1999 is a direct result of the increase in the
Company's net sales and gross profit over the comparable period in the prior
fiscal year.

FINANCIAL CONDITION
         Net cash used in operating activities was approximately $3,486,000 for
the quarter ended April 30, 1999 primarily due to decreases in the Company's
accrued liabilities and accounts payable and the increase in the Company's
inventory since January 31, 1999. The Company had working capital of
approximately $5,647,000 at April 30, 1999, as compared to the $4,762,000 in
working capital at January 31, 1999 for an overall increase of $885,000. The
reduction in current assets of $873,000 during the three month period was
primarily related to the $1,304,000 reduction in cash. The reduction in current
assets was offset by a corresponding decrease of $1,758,000 in current
liabilities. The net decrease in current liabilities resulted primarily from an
increase in borrowings under the revolving credit facility of $2,570,000, which
was offset by the decreases in the Company's accounts payable and accrued
liabilities of $3,194,000 and $1,087,000, respectively.

         The Company currently believes that funds from the Company's operations
combined with borrowings available under its revolving credit facility and
vendor credit programs will be sufficient to satisfy its currently projected
operating cash requirements during fiscal 2000. However, in order to fully
complete the store expansion program currently planned in fiscal 2000, the
Company may need to seek additional financing sources. In that regard, the
Company is exploring additional financing sources in connection with the
expansion program. The Company has signed a lease for the relocation of one of
its stores in Tampa, Florida. The Company may also need to seek additional
sources of financing (debt and/or equity or a combination thereof) in order to
proceed with any expansion program beyond fiscal 2000.

         The Company's ownership of its former Fort Lauderdale store is
encumbered by a first mortgage loan from a bank in the amount of $640,000, with
a balance of approximately $410,000 at April 30, 1999. This property is
currently under contract for sale.

YEAR 2000 ISSUE
         The year 2000 issue is primarily the result of computer programs being
written using two digits rather than four to define the applicable year. Such
programs may be unable to interpret dates beyond the year 1999, which could
cause a system failure or other computer errors, including possible
miscalculations, and a disruption in the operation of such systems. This is
commonly referred to as the year 2000 issue.

         The Company has been executing a plan to identify and address any
possible business issues related to the impact of the year 2000 problem on both
its information technology ("IT") and non-IT systems (e.g., embedded
technology). This plan addresses the year 2000 issue in multiple phases,
including (i) determining an initial inventory of the

                                     Page 10

<PAGE>

Company's systems, equipment, vendors, customers and third party administrators
that may be vulnerable to system failures or processing errors as a result of
year 2000 issues, (ii) assessment and prioritization of inventoried items to
determine risks associated with their failure to be year 2000 compliant, (iii)
testing of systems and equipment to determine year 2000 compliance, (iv)
remediation and implementation of systems and equipment, and (v) contingency
planning to assess reasonably likely worst case scenarios. The initial inventory
and assessment of the Company's systems has been completed. Action plans are
being developed to address systems and equipment that are currently
non-compliant. Implementation of the required changes is expected to be complete
by October 1999.

         Incremental costs, which include costs associated with internal
resources to modify existing systems in order to achieve year 2000 compliance
are charged to expense as incurred. The Company does not expect the cost of
making the required system changes to exceed $150,000. The anticipated cost of
the project and the dates on which the Company believes it will complete the
year 2000 modifications and assessments are based on management's best
estimates, which were derived utilizing numerous assumptions of future events,
including the continued availability of certain resources. There can be no
guarantee that these estimates will be achieved and actual results could differ
materially from those anticipated. Specific factors that might cause such
material differences include, but are not limited to, the availability and cost
of personnel trained in this area and the ability to locate and correct all
relevant systems.

         With respect to the Company's suppliers and vendors, the Company is in
the process of contacting suppliers and vendors to assess the potential impact
on operations if such third parties are not successful in ensuring that their
systems and operations are year 2000 complaint in a timely manner. The Company's
year 2000 issues and any potential business interruptions, costs, damages or
loses related thereto, are also dependent upon the year 2000 compliance of other
third parties. To date, the Company is unable to determine whether it will be
materially affected by the failure of any of its suppliers, vendors, or other
third parties to be year 2000 compliant. The Company believes that its
compliance efforts have and will reduce the impact on the Company of such
failures. Failures of any third parties with which the Company interacts to
achieve year 2000 compliance could have a material adverse effect on the
Company's business, financial condition and results of operations.

         Risk assessment, readiness evaluation, action plans and contingency
plans related to the Company's suppliers, vendors and other third parties are
expected to be completed by October 1999. The Company's risk management program
includes emergency backup and recovery procedures to be followed in the event of
failure of a business critical system. These procedures will be expanded to
include specific procedures for the potential year 2000 issue. Contingency plans
to protect the Company from the year 2000 related interruptions are also being
developed and are expected to be completed by October 1999. These plans will
include development of backup procedures, identification of alternate suppliers,
possible increases in inventory levels and other appropriate measures.

                                     Page 11

<PAGE>

         There can be no assurance, however, that the Company's systems are
"Year 2000" compliant or that the systems of other companies on which the
Company's systems and operations rely, or companies with whom the Company
conducts business, will be timely converted to address the "Year 2000 Issue," or
that a failure to convert by another company, or a conversion that is
incompatible with the Company's systems, would not have a material adverse
effect on the Company's business, operations, results and financial position.
For this reason, the Company continues to work towards ensuring that all systems
associated with the processes of the Company are Year 2000 compliant by the end
of 1999.

FORWARD-LOOKING STATEMENTS

         This Form 10-Q contains forward-looking statements (within the meaning
of Section 21E. of the Securities Exchange Act of 1934, as amended) representing
the Company's current expectations, beliefs, estimates or intentions concerning
the Company's future performance and operating results, its products, services,
markets and industry, and/or future events relating to or effecting the Company
and its business and operations. When used in this Form 10-Q, the words
"believes," "estimates," "plans," "expects," "intends," "anticipates," "Year
2000" and similar expressions as they relate to the Company or its management
are intended to identify forward-looking statements. The actual results or
achievements of the Company could differ materially from those indicated by the
forward-looking statements because of various risks and uncertainties related to
and including, without limitation, the effectiveness of the Company's business
and marketing strategies, the product mix sold by the Company, customer demand,
availability of existing and new merchandise from and the establishment and
maintenance of relationships with suppliers, price competition for products and
services sold by the Company, management of expenses, gross profit margins, the
opening of additional stores, availability and terms of financing to refinance
or repay existing financings or to fund capital and expansion needs, the
continued and anticipated growth of the retail home entertainment and consumer
electronics industry, a change in interest rates, exchange rate fluctuations,
the seasonality of the Company's business and the other risks and factors
detailed in this Form 10-Q and in the Company's other filings with the
Securities and Exchange Commission. These risks and uncertainties are beyond the
ability of the Company to control. In many cases, the Company cannot predict the
risks and uncertainties that could cause actual results to differ materially
from those indicated by the forward-looking statements.

                                     Page 12
<PAGE>

                           PART II - OTHER INFORMATION

Item 6.  Exhibits and Reports on Form 8-K

         (a)      Exhibits.  The following exhibits are filed with this report:

                  EXHIBIT NO.     DESCRIPTION
                  -----------     -----------
                  10.17           Merchant Agreement - Household Bank (SB), N.A.

                  27.             Financial Data Schedule (filed herewith).

         (b) Reports on Form 8-K. No reports on Form 8-K were filed by the
Company.

                                     Page 13

<PAGE>

                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                            SOUND ADVICE, INC.

                                            (Registrant)

Date JUNE 11, 1999                         /S/ PETER BESHOURI
     --------------                        ---------------------------------
                                            Peter Beshouri, Chairman of the
                                            Board, President and Chief
                                            Executive Officer

Date JUNE 11, 1999                        /S/ KENNETH L. DANIELSON
     --------------                       ----------------------------------
                                            Kenneth L. Danielson, Chief
                                            Financial and Accounting Officer

                                     Page 14

<PAGE>
                                 EXHIBIT INDEX


EXHIBIT           DESCRIPTION
-------           -----------

 10.17            Merchant Agreement - Household Bank (SB), N.A.

 27               Financial Data Schedule