FORM 10-Q

                      SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
(Mark one)
     [ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

                 For the quarterly period ended October 30, 2004

                                        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 1-7288

                           THE BOMBAY COMPANY, INC.
              (Exact name of registrant as specified in its charter)

                  Delaware                             75-1475223
      (State or other jurisdiction of             (I.R.S. Employer
        incorporation or organization)            Identification No.)

  550 Bailey Avenue, Fort Worth, Texas                   76107
(Address of principal executive offices)               (Zip Code)

                                (817) 347-8200
               (Registrant's telephone number, including area code)


(Former name,former addressand 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  by  check mark whether the registrant is  an  accelerated  filer  (as
defined in Rule 12b-2 of the Exchange Act).     Yes       X        No ______

Indicate the number  of  shares  outstanding of each of the issuer's classes of
common stock as of the latest practicable date.



          Class               Number of shares outstanding at November 27, 2004
Common stock, $1 par value                       35,859,709



                                       1


<PAGE>
                    THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                                    Form 10-Q

                          Quarter Ended October 30, 2004



                                TABLE OF CONTENTS


                          PART I - FINANCIAL INFORMATION

Item
Page No.

1.Financial Statements ..........................................      3-10

2.Management's Discussion and Analysis of Financial
   Condition and Results of Operations ..........................      11-18

3.Quantitative and Qualitative Disclosures About Market Risk ....       19

4.Controls and Procedures .......................................       19



                           PART II - OTHER INFORMATION



6.Exhibits ......................................................       20

 Signatures......................................................       21


















                                       2


<PAGE>

<TABLE>
<CAPTION>
                                      THE BOMBAY COMPANY, INC. AND SUBSIDIARIES
                                        Consolidated Statements of Operations
                                      (In thousands, except per share amounts)
                                                     (Unaudited)

                                                       Three Months Ended            Nine Months Ended
                                                   October 30,     November 1,     October 30,      November 1,
                                                      2004            2003            2004             2003
<S>                                                  <C>             <C>             <C>            <C>
Net revenue.........................                 $126,669        $135,361        $372,729       $384,871

Costs and expenses:
  Costs of sales, buying and
     store occupancy costs..........                   94,856          96,146         283,556        276,908
  Selling, general and administrative expenses         41,805          39,087         118,674        111,344
   Operating income (loss)...........                  (9,992)            128        (29,501)        (3,381)

Other income (expense):
  Interest income....................                      14              --              45            145
  Interest expense...................                    (332)           (374)           (328)         (383)

Loss before income taxes............                  (10,310)           (246)        (29,784)       (3,619)
Benefit for income taxes............                   (3,024)            (98)        (10,424)       (1,430)

          Net loss..................                 $ (7,286)       $   (148)       $(19,360)     $ (2,189)

Basic and diluted loss per share                        $(.20)          $(.00)          $(.54)        $(.06)

Average common shares outstanding...                    35,834          35,130         35,644         34,436
</TABLE>













The accompanying notes are an integral part of these consolidated financial
statements.
                                       3

<TABLE>
<CAPTION>
                                             THE BOMBAY COMPANY, INC. AND SUBSIDIARIES
                                                    Consolidated Balance Sheets
                                                      (Dollars in thousands)
                                                            (Unaudited)

                                                             October 30,             January 31,                 November 1,
                                                                2004                    2004                         2003
<S>                                                            <C>                      <C>                     <C>
ASSETS
Current assets:
      Cash and cash equivalents.............                   $ 15,053                 $ 25,619                $ 10,006
      Inventories...........................                    171,744                  138,908                 189,757
      Other current assets..................                     30,798                   26,012                  29,130
            Total current assets............                    217,595                  190,539                 228,893

Property and equipment, net.................                      82,489                   68,107                  62,863
Goodwill, less amortization.................                         423                      423                     423
Other assets................................                      10,452                    5,864                  10,916
            Total assets....................                    $310,959                 $264,933                $303,095

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
      Bank borrowings.......................                   $ 51,490             $         --                $ 55,150
      Accounts payable and accrued expenses.                     45,063                   35,348                  43,531
      Income taxes payable..................                         --                    1,103                      --
      Accrued payroll and bonuses...........                      2,660                    8,019                   5,896
      Gift certificates redeemable..........                      6,507                    7,129                   5,403
      Accrued insurance.....................                      4,150                    3,730                   4,116
            Total current liabilities.......                    109,870                   55,329                 114,096

Accrued rent and other liabilities..........                     26,177                   18,217                  13,406
Stockholders' equity:
      Preferred stock, $1 par value,
            1,000,000 shares authorized.......                      --                       --                      --
      Common stock, $1 par value, 50,000,000
            shares authorized, 38,149,646 shares                 38,150                   38,150                  38,150
      issued..................................
      Additional paid-in capital..............                   79,835                   79,210                  75,837
      Retained earnings.......................                   66,952                   86,312                  74,172
      Accumulated other comprehensive income                      1,182                      122                     229
      Common shares in treasury, at cost,
   2,293,300;
           2,816,772 and 2,879,341 shares,                      (9,404)                 (11,555)                (11,819)
      respectively............................
      Deferred compensation...................                  (1,803)                    (852)                   (976)
            Total stockholders' equity........                  174,912                  191,387                 175,593
Total liabilities and stockholders' equity                     $310,959                 $264,933                $303,095

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>


                                       4


<PAGE>

<TABLE>
<CAPTION>
                                             THE BOMBAY COMPANY, INC. AND SUBSIDIARIES
                                               Consolidated Statements of Cash Flows
                                                       (Dollars in thousands)
                                                            (Unaudited)
                                                                                       Nine Months Ended
                                                                               October 30,      November 1,
                                                                                  2004             2003
<S>                                                                             <C>               <C>
Cash flows from operating activities:
   Net loss..........................................                           $(19,360)         $ (2,189)
   Adjustments to reconcile net loss
      to net cash from operating activities:
         Depreciation and amortization...............                              12,442            12,822
         Employee stock-based compensation expense...                                 724               204
         Deferred taxes and other....................                              (7,746)              220
   Change in assets and liabilities:
      Increase in inventories........................                             (31,331)          (84,980)
      Increase in other current assets...............                              (2,610)           (7,245)
      Increase (decrease) in current liablities......                               3,467            (2,817)
      Increase in noncurrent assets..................                                 (66)              (55)
      Increase in noncurrent liabilities                                              428                39
   Net cash used in operating activities.............                             (44,052)          (84,001)

Cash flows from investing activities:
      Purchases of property equipment................                             (26,815)          (31,018)
      Landlord construction allowances...............                                8,540            7,383
      Proceeds from sales of property and equipment..                                    9              151
   Net cash used in investing activities.............                              (18,266)         (23,484)

Cash flows from financing activities:
       Net bank borrowings...........................                              51,490             55,150
       Purchases of treasury stock...................                                  --               (83)
       Sale of stock to employee benefit plans.......                                 247                163
       Proceeds from the exercise of employee stock options                           610              6,155
   Net cash provided by financing activities.........                              52,347             61,385
Effect of exchange rate change on cash...............                                (595)              (502)
Net decrease in cash and cash equivalents............                             (10,566)           (46,602)
Cash and cash equivalents at beginning of period.....                               25,619             56,608
Cash and cash equivalents at end of period...........                             $ 15,053           $ 10,006
Supplemental disclosure of cash flow information:
     Interest paid...................................                             $    269            $   276
     Income taxes paid...............................                                2,172              5,531
     Non-cash financing activities:
        Distributions of deferred director fees......                                   --                179
        Issuance of restricted stock.................                                1,675              1,035

The accompanying notes are an integral part of these consolidated financial statements.
</TABLE>


                                       5


<PAGE>

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                  Notes to Consolidated Financial Statements
                                  (Unaudited)



(1)    Basis of Presentation

  In  the  opinion  of  the Company, the  accompanying  unaudited  consolidated
financial statements, which  include  the  accounts of The Bombay Company, Inc.
and  its wholly-owned subsidiaries (the "Company"  or  "Bombay"),  contain  all
adjustments  (consisting  of  only  normal  recurring adjustments) necessary to
present fairly the financial position as of October  30,  2004  and November 1,
2003, the results of operations for the three and nine months then  ended,  and
cash  flows  for the nine months then ended in accordance with the rules of the
Securities and  Exchange  Commission.   The results of operations for the three
and nine month periods ended October 30,  2004  and  November  1,  2003 are not
necessarily indicative of the results to be expected for the full fiscal  year.
The  consolidated  financial  statements should be read in conjunction with the
financial statement disclosures  contained  in the Company's 2003 Annual Report
on Form 10-K/A.


(2)    Stock-Based Compensation

  The  Company  accounts  for  its  stock-based compensation  plans  under  the
intrinsic value method.  Accordingly, no compensation expense related to grants
of stock options has been recognized,  as  all  options granted under the plans
had an exercise price not less than the market price  of  the  Company's common
stock  on  the  date  of  grant.  Compensation  expense  related  to grants  of
restricted stock is based upon the quoted market price of the Company's  common
stock  at  the  measurement date, amortized to expense over the vesting period.
The following   table  illustrates   the  effect   on   net   loss   and   loss
per share as if the Company had applied  the  fair value recognition provisions
of Statement of Financial Accounting Standards  No. 123, "Accounting for Stock-
Based  Compensation"  ("FAS 123"), to stock-based compensation  (in  thousands,
except per share amounts):

<TABLE>
<CAPTION>
                                         Three Months Ended         Nine Months Ended
                                      October 30,   November 1,   October 30,    November 1,
                                          2004        2003           2004           2003
<S>                                       <C>          <C>         <C>         <C>
Net loss, as reported ....                $(7,286)     $(148)      $(19,360)   $(2,189)
Stock-based compensation expense
  determined under FAS 123, net of tax       (628)      (320)        (1,512)      (868)
Net loss, pro forma............           $(7,914)     $(468)      $(20,872)   $(3,057)

Basic and diluted loss
   per share, as reported......             $(.20)     $(.00)         $(.54)     $(.06)
Basic and diluted loss
   per share, pro forma........             $(.22)     $(.00)         $(.59)     $(.09)
</TABLE>








                                       6


<PAGE>

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)

  During the first quarter of Fiscal 2004, the Company awarded restricted stock
grants aggregating 115,000  shares  to  a group of key employees other than the
Chief  Executive  Officer.   The  respective   shares  will  become  vested  in
designated increments contingent upon continued  employment  of  the respective
employee  based  upon specified vesting periods of at least 12 months  and  not
more  than 36 months.   Deferred  compensation  of  $795,000  was  recorded  in
conjunction  with  the grants, and will be expensed over the respective vesting
periods.

  During the second  quarter of Fiscal 2004, the Company awarded 122,980 shares
of restricted stock to  its  Chief  Executive  Officer.   Contingent  upon  his
continued  employment,  the  shares  will  become fully vested after 24 months.
Deferred compensation of $723,000 was recorded  in  conjunction with the grant,
and will be expensed over the vesting period.


(3)    Deferred Tax Assets

  During the nine months ended October 30, 2004, the  Company had a pretax loss
of $29.8 million, for which it recorded tax assets associated  with the tax net
operating losses.  The Company recorded a receivable related to  the portion of
the  tax  net  operating loss which can be carried  back  , subject to  certain
limitations.  The     Company     expects   the    receivable   to   be   fully
realizable.  The remaining benefit was recorded as a deferred tax asset.

  At  October  30,  2004,  the  Company has net deferred tax  assets  of  $11.6
million, representing the difference between the timing of deductions taken for
financial statement    and  tax  purposes   as   well   as   the  net operating
loss carryforwards generated in the  current  period. The future realization of
these  deferred  tax  assets  is   dependent   upon   the Company's  ability to
generate  taxable  income  during  the  periods  in which  these  items  become
deductible  and  prior to the expiration of tax operating  loss  carryforwards.
The  Company has evaluated  the  recoverability  of  these  assets  based  upon
historical  results  and projections of future taxable income.  Based upon this
analysis, the Company  believes that it is more likely than not that it will be
able to generate adequate future taxable income to realize the benefit of these
assets.  Accordingly, no  valuation  allowance has been established during this
period.   The Company will continue to  evaluate  the  deferred  tax assets for
recoverability.  If future conditions indicate that the benefit of the deferred
tax assets will not be fully realized, a valuation allowance will  be  recorded
to reduce the assets to their estimated realizable value.














                                       7


<PAGE>

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)


(4)    Comprehensive Income/Loss

  Comprehensive  loss for the three and nine months ended October 30, 2004  and
November 1, 2003 was as follows (in thousands):

<TABLE>
<CAPTION>
                                         Three Months Ended          Nine Months Ended
                                       October 30,   November 1,   October 30,   November 1,
                                          2004          2003           2004          2003
<S>                                    <C>          <C>            <C>            <C>
Net loss.........................      $(7,286)     $(148)         $(19,360)      $(2,189)
Foreign currency translation
   adjustments...................         1,040        776            1,060          1,623
Comprehensive income (loss)......      $(6,246)     $  628         $(18,300)     $   (566)
</TABLE>



Loss per Share

  Basic   loss  per   share   is   based   upon   the   weighted average number
of   shares   outstanding.   Diluted   loss   per   share  is  based  upon  the
weighted average number of shares  outstanding  plus  the  shares that would be
outstanding  assuming  exercise of dilutive stock options and  distribution  of
deferred director compensation.

  The   c omputation   for   basic    and  diluted   loss    per  share  is  as
follows (in thousands, except per share amounts):

<TABLE>
<CAPTION>
                                                        Three Months Ended               Nine Months Ended

                                                      October 30,    November 1,    October 30,    November 1,
                                                       2004             2003           2004           2003
Numerator:
<S>                                                   <C>              <C>            <C>              <C>
  Net loss.........................                   $(7,286)         $ (148)        $(19,360)        $(2,189)
Denominator for basic and diluted
loss per share:
Average common shares outstanding..                     35,834          35,130           35,644          34,436

Basic and diluted loss per share...                   $  (.20)         $  (.00)        $   (.54)       $   (.06)

</TABLE>


                                       8
<PAGE>





                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)


  During  the three and nine month periods ended October 30, 2004 and  November
1,  2003,  the   Company  reported  a  net  loss.   Accordingly,  common  stock
equivalents would  be  anti-dilutive  during  these  periods and, thus, are not
included    in    the    computation   of   diluted   loss     per  share.  The
following table presents  the  potentially  dilutive  securities outstanding at
each  of  the periods then ended, which are excluded from  the  computation  of
diluted  loss   per   share  because  their  inclusion  would  be
antidilutive (in thousands):

<TABLE>
<CAPTION>
                                        October 30,    November 1,
                                            2004           2003
<S>                                         <C>         <C>
Stock options..................             3,424       2,768
Deferred director compensation.                43          10
   Total potentially dilutive securities    3,467       2,778
</TABLE>


(6)    Credit Facility and Debt

   Effective September 29, 2004, the  Company entered into a new secured credit
facility, with an aggregate commitment  of  up  to  $125 million, pursuant to a
credit  agreement  with  Wells  Fargo  Retail  Finance, LLC,  as  Arranger  and
Administrative Agent.  The facility replaced the Company's previous $75 million
facility, all indebtedness under which was repaid  coincident  with the closing
of the new facility.  The new credit facility is comprised of separate lines of
credit  in  the United States and in Canada, with separate availability  bases.
The United States  and Canadian lines are secured by inventory, receivables and
certain other assets  of  the  Company and its United States subsidiaries.  The
Canadian line is also secured by  certain  assets  of  the  Company's  Canadian
subsidiary,  which  can  borrow  up  to US$18 million under the line in certain
circumstances.  Aggregate borrowings under the United States and Canadian lines
cannot exceed $125 million, except as noted below.

   The   new  facility  may   be    used    for    working  capital,  inventory
financing,   and  letter  of  credit  needs.   Borrowings  under  the  facility
may     be    made,   at   the    Company's    option  and,  subject to certain
limitations, in the  form  of  loans or by the issuance of bankers' acceptances
with respect to inventory purchases.   Loans  under the facility bear interest,
at the Company's option, at either the prime lending  rate of Wells Fargo Bank,
National Association, or the LIBOR rate plus a margin of  1.00%  to 1.75%, with
such  margin depending on the amount by which the average available  commitment
exceeds  usage  under the line.  The available commitment under the facility is
limited to a borrowing  base  generally  comprised of 75% of eligible inventory
and  85% of   receivables,   as   defined  in the  credit  agreement  and  with
seasonal  and reserve adjustments.  The aggregate commitment under the facility
can be increased to $175 million prior to September 15, 2007, at the request of
the Company.   Subsequent  to  the  closing  date  of  the agreement, the agent
syndicated a portion of the facility to a group of banks.  The facility expires
September 15, 2009.

  At   October   30,   2004,  total    availability    under   the    facility
was  $102,488,000.   Borrowings  of $51,490,000 and letters of credit  totaling
$14,028,000,   primarily   to   support  inventory purchases, were outstanding,
and $36,970,000 was available for additional borrowings or letters of credit.
                                       9
<PAGE>

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)


(7)    Subsequent Event - Divestiture of Bailey Street Trading Company

   On November 17, 2004, the Board  of  Directors  of  the Company approved the
divestiture  of its Bailey Street Trading Company wholesale  operations.   This
action was taken  to  allow management to focus on improving the performance
of the core businesses as  well as to free up capital to support the
continued  expansion  of  those  businesses.   The  Company
intends to pursue various options with respect to the method of disposition and
expects to complete the transaction by the end of the fiscal year.

   As a result of the decision,  the  Company expects to take a non-cash charge
of approximately $2 to $3 million primarily in connection with vacating
its 199,000 square foot leased distribution center in Gilbertsville, PA.  Other
charges in connection with the divesture are not expected to be material.


(8)    New Accounting Pronouncements

  In  January 2003, the Financial Accounting Standards  Board  ("FASB")  issued
Interpretation   46,   "Consolidation   of  Variable  Interest  Entities  -  An
Interpretation of ARB No. 51" ("FIN 46").   FIN  46  is intended to clarify the
application  of  ARB  No. 51, "Consolidated Financial Statements,"  to  certain
entities in which equity  investors  do  not  have  the  characteristics  of  a
controlling financial interest or do not have sufficient equity at risk for the
entity  to  finance  its  activities  without additional subordinated financial
support.  For  those  entities,  a controlling  financial  interest  cannot  be
identified based on an evaluation  of  voting  interests  and  may  be achieved
through  arrangements  that  do not involve voting interests. The consolidation
requirement  of  FIN 46 was effective  immediately  to  variable  interests  in
variable interest entities ("VIEs") created or obtained after January 31, 2003.
FIN 46 also sets forth certain disclosures regarding interests in VIEs that are
deemed significant,  even  if consolidation is not required.  In December 2003,
the FASB issued FIN 46 (revised  December  2003),  "Consolidation  of  Variable
Interest  Entities"  ("FIN  46R"),  which  delayed  the  effective  date of the
application  to  us  of  FIN 46 to non-special purpose VIEs acquired or created
before February 1, 2003, to  the  interim  period  ended  on  May  1, 2004, and
provided  additional  technical  clarifications to implementation issues.   The
Company does not have any VIEs and,  therefore,  the adoption of FIN 46R had no
impact on its consolidated financial position or results of operations.






                                      10
<PAGE>









                    THE BOMBAY COMPANY, INC. AND SUBSIDIARIES


Item 2. Management's Discussion and Analysis of Financial Condition and Results

of Operations

Special Note Regarding Forward-Looking Statements

  Certain  statements  in  this  Form 10-Q under "Management's  Discussion  and
Analysis of Financial Condition and Results of Operations" constitute "forward-
looking statements" within the meaning  of  the  Private  Securities Litigation
Reform Act of 1995.  Such forward-looking statements involve  known and unknown
risks,  uncertainties  and  other  factors  which  may  cause  the Company's
actual   results,  performance  or  achievements  to  be  materially
different from  any  future  results,  performance or achievements expressed or
implied  by  such  forward-looking statements.   Such  factors  include,  among
others, the following:   general economic and financial market conditions which
affect  consumer  confidence  in  the  spending  environment  for  home-related
purchases; competition;  seasonality;  success  of  operating  initiatives; new
product development and introduction schedules; uninterrupted flow  of product;
acceptance  of  new  product  offerings;  inherent safety of product offerings;
advertising and promotional efforts; adverse  publicity; expansion of the store
chain;  availability,  locations  and  terms of sites  for  store  development;
ability to renew leases on an economic basis;  changes  in business strategy or
development  plans including risks associated with the strategy  to  move  off-
mall; availability  and  terms of borrowings or capital for operating purposes;
labor and employee benefit  costs;  ability to obtain insurance at a reasonable
cost; rising fuel and energy costs and  their  impact  on the operations of the
business; reliance on technology; security of the technological infrastructure;
changes  in  government  or trade regulations including provisional  duties  on
bedroom furniture imports  from  China including the possibility that the scope
of such duties will be expanded to  encompass  additional  countries or product
categories;  risks  associated  with  international  business; fluctuations  in
foreign  currency exchange rates; terrorism; war or threat  of  war;  potential
travel or  import/export  restrictions  due  to communicable diseases; regional
weather conditions; hiring and retention of adequate  and  qualified  personnel
and other risks and uncertainties contained in the Company's 2003 Annual Report
on Form 10-K/A and other SEC filings as they occur.


General

   The  Company designs, sources and markets a unique line of fashionable  home
accessories,  wall  d{e'}cor  and  furniture through 493 retail locations in 42
states in the United States and nine  Canadian  provinces,  specialty catalogs,
the Internet and international licensing arrangements.  Throughout this report,
the  terms  "our",  "we", "us" and "Bombay" refer to The Bombay  Company,  Inc.
including its subsidiaries.

  In addition to our  primary retail Bombay operations, during 2001 we expanded
our product offering to  include  BombayKIDS,  a  line of children's furniture,
textile  and  accessories, which is currently being offered  in  47  BombayKIDS
store locations  as  well  as  through  catalog and Internet channels.
Bombay also has international licensing agreements  under  which  a total of 15
licensed  international  stores  are  operating  in  the  Middle  East and  the
Caribbean.    The   Company's  Board  of  Directors  recently  approved  the
divestiture of our wholesale  operation, Bailey Street Trading Company ("Bailey
Street"), which markets a limited  number  of  furniture  and  accessory  stock
keeping  units  under  a  separate  brand  to  specialty gift stores, furniture
stores, department stores, catalogers and mass merchants.

  The largest percentage of Bombay's sales and operating  income is realized in
the fiscal quarter that includes December (Christmas season).   Merchandise  is
manufactured  to  our  specifications  through  a worldwide network of contract
manufacturers.  The impact of inflation on operating  results  is typically not

                                      11
<PAGE>

significant because the majority of our products are proprietary.   We  attempt
to  alleviate  inflationary  pressures by adjusting selling prices (subject  to
competitive conditions), improving  designs  and finding alternative production
sources in lower cost countries.

  Same store sales comparisons are calculated  based  upon  revenue from stores
opened  for more than 12 months.  Stores converted from the regular  format  to
the large  format  and  stores  relocated  from  mall to off-mall locations are
classified as new and are excluded from same store  sales  until they have been
opened  for  12  months.   Stores  relocated  within a mall and whose  size  is
significantly changed are treated as new stores  and are excluded from the same
store sales calculation until opened for a full year.  Remodeled  stores remain
in the computation of same store sales.

  Cost  of  sales  includes  all costs associated with the purchase of  product
including,  but not limited to,  vendor  cost,  inbound  transportation  costs,
duties, commission,  inspections,  quality  control,  warehousing  and outbound
transportation  costs.   Buying costs include costs associated with our  buying
department, consisting primarily  of  salaries, travel, product development and
product sample costs.  Store occupancy  costs  include costs such as rent, real
estate taxes, common area maintenance charges, utilities  and  depreciation and
amortization of leasehold improvements and other fixed assets relating  to  our
retail locations.


Executive Summary

  We  focus  on  several  key  metrics in managing and evaluating our operating
performance  and  financial  condition  including,  but  not  limited  to,  the
following:   same  store  sales,   sales   and  gross  margins  by  merchandise
categories, operating margins as a percentage  of revenues, earnings (loss) per
share, cash flow, return on assets, inventory turn,  number of transactions and
average  sales  per  transaction.   We  are  currently executing  a  multiphase
turnaround, as previously discussed in our 2003  Annual  Report on Form 10-K/A.
Our  goal  is  to  improve  our operating performance and generate  competitive
operating results in line with current market leaders in the sector.

      During Fiscal 2004 and beyond, we are focused on six critical success
factors.

      DRIVE  SAME  STORE SALES  AT  A  COMPETITIVE  RATE  -  We  have  now
      annualized a rolling  12  months  of same store sales increases averaging
      20% with a 10% decline, while increasing  our  core Bombay store count by
      4%.   We   estimate    that    our    sector   of  home   furnishing  and
      accessories category has grown at a low single-digit  rate in total.  The
      modest   sector   growth   coupled with a number of other  internal  and
      external  factors  have  resulted in a disappointing performance.  During
      the first half of the year, a lack of newness and flow in our merchandise
      assortment were major factors  in  the  disappointing  same  store  sales
      results.

                                      12
<PAGE>

      In  addition  to  internal  issues,  there have been a number of external
      factors  that  we  believe have impacted  performance  to  date.   The
      imposition of anti-dumping tariffs on bedroom furniture from China, which
      is still being challenged  through appropriate governmental channels, has
      impacted the Company both from a financial and an operational standpoint.
      Delays    in   production   from    new,
      alternative   Vietnamese   manufacturing  sources   have   adversely
      affected  our  stock  levels.   Longer    transit    times    from
      Vietnam, along  with delays through West  Coast  ports  of  entry   and
      related  domestic transportation issues, have exacerbated the issue.   We
      believe that  the  middle  income  household  spending remains very value
      driven and the uncertainty surrounding the Presidential  election created
      distraction  for  customers  and  adversely  impacted  this fall's  sales
      results.


     SUCCESSFULLY CONTINUE THE MIGRATION OF OUR STORES FROM  MALL  TO OFF-
     MALL LOCATIONS - We continue to pursue this strategy as our leases expire,
     and  expect  the move to off-mall locations to positively impact our store
     occupancy costs.  Key to our success is the ability to transfer sales from
     stores that we  close  in  a  mall  location to the new off-mall location.
     Through   the  end  of  the third   quarter,  27  of the 36 locations that
     we  have  moved have been able to maintain or exceed  their  sales  volume
     during the  first  year  of  operations.  We believe that sales from newly
     relocated stores have been affected by  the  same factors that
     impacted the rest of the chain, including a weakness in demand  and issues
     relating  to  our  merchandise  assortment.   Through the end of the third
     quarter,  in  the  aggregate, on a four-wall basis,  the  contribution  to
     overhead of the Company's 123 core off-mall locations was 90% of the total
     dollar contribution  made by its 273 mall-based locations.  We continue to
     be encouraged by the results  and  believe  that  it validates our overall
     strategy.

     GROW STORE COUNT - Our strategy has been to focus  on  opening stores
     in our top 25 markets, thereby increasing market density and  allowing  us
     to   create   operating   efficiencies,   particularly  in  the  areas  of
     advertising,  logistics and field supervision.   We  continue  to  closely
     monitor the impact  of  new stores on same store sales as we assess market
     density opportunities and  identify new store locations.  This information
     will be key to helping define our future real estate strategy.  Currently,
     62% of our stores are concentrated  in  our  top  25  markets.  During the
     first three quarters, we opened 47 stores, including 12 BombayKIDS stores,
     and  closed  25  stores   which  had  expiring  leases    or  were
     underperforming.   During  the remainder of the year, we  expect  to  open
     approximately 16 stores, including  three  BombayKIDS stores, and to close
     nine stores, ending the year with approximately 500 stores.

     While we continue to be committed to our goal  of  migrating  from mall to
     off-mall,   the   Company  recently  announced  that  we  would  slow  our
     net, new core Bombay store openings until we can achieve
     competitive same store sales increases.  Previously, we indicated that
     our plan was to increase  Bombay  core  store  count  by  approximately 5%
     annually.   For  Fiscal 2004, we expect the core store count  to  grow  by
     almost 4%.  For Fiscal  2005,  we plan to hold our Bombay core store count
     virtually flat with Fiscal 2004.   Slowing  store  growth will allow us to
     focus   on   execution   of   our  core  Bombay  operations  and   improve
     profitability.

     DEVELOP   BOMBAYKIDS   -   We  continue   to   be   optimistic
     regarding  our  BombayKIDS  stores   and  the  opportunities  that  it
     represents.  This concept allows us to leverage the Bombay brand and reach
     a new, younger customer.  Particularly  encouraging  is  the impact
     that our BombayKIDS stores have on the adjacent Bombay stores, which  have
     performed  at  a  higher  sales level due to the synergies created and the
     introduction of a new customer  to  the  Bombay  brand.  BombayKIDS stores
     currently total 47 and we plan to have approximately 50 open by the end of
     the fiscal year.  For Fiscal 2005, the Company expects to  continue to
     evaluate the pace of BombayKIDS growth.

     BUILD   THE   PROPER   INFRASTRUCTURE  TO  SUPPORT  FUTURE  GROWTH  -
     Significant investments in infrastructure  have  been made in Fiscal 2004,
     including   the   addition  of  a  distribution  center  near   Allentown,
     Pennsylvania, rollout  of  our  new  point-of-sale  system  with broadband
     communications  to  our Canadian store locations, and acquisition  of  key
     leadership, including  a General Merchandise Manager and Vice President of
     Financial Planning and Analysis.   Although  the  costs of these and other
     investments  have  been  difficult  to  leverage with the  recent  revenue
     declines, we continue to believe that they  are  critical  to  our  future
     profitability and growth.

                                      13
<PAGE>

     GENERATE  PROFIT  MARGIN EXPANSION - Our ability to execute the first
     five  critical success factors  should  lead  us  to  better  profit  flow
     through.   While  our  progress to date has been disappointing, we believe
     that the opportunity exists  for  us,  in  the  long-term,  to improve our
     operating  results  to  approach those of industry leaders in our  sector.
     We believe that there are significant opportunities for Bombay to increase
     profit  margins  through improvements  in  gross  margins  and  leveraging
     overhead expense and  aggressive  control  of  our  corporate spending, in
     addition to the improvement that comes from sales growth  and  pursing the
     off-mall strategy as discussed above.

  Given  the  results  thus  far  for the year, we have identified a number  of
undertakings for the fourth quarter.   We  need  to reconnect with the customer
and, to that end, have increased the planned  marketing expenditures for
the  fourth quarter.  We plan to enter Fiscal 2005 with  the  proper  inventory
levels  and  a  desirable  inventory  mix to support our new spring merchandise
assortment.    We   plan   to   aggressively   and   selectively   clear
merchandise    while    maintaining   our    long-term    pricing
integrity.  We will make structural  changes that are necessary to simplify
the business and provide proper capitalization.  To that end, a number of steps
have been or will be taken including:

   expanding our credit facility used for working capital needs;
   reducing planned capital expenditures for Fiscal 2005, focusing on
      store migration and growth of the BombayKIDS concept;
   exiting the Company's wholesale operations, Bailey Street Trading
      Company, to provide capital to support core store migration and
      BombayKIDS growth;
   controlling corporate expenses ; and ,
   improving the assortment and flow of our merchandise.

  We believe that these actions are critical to our turnaround and to ensuring
that we meet our long-term objectives.


Results of Operations

Quarters Ended October 30, 2004 and November 1, 2003

  Net revenue for the quarter ended October  30,  2004  declined  6%  to $126.7
million  compared  to  $135.4  million  for the quarter ended November 1, 2003.
Same store sales declined 18% for the quarter  as  we  anniversaried same store
sales  gains  of  13%  in  the third quarter of the prior year.   The  softness
occurred across all merchandise categories and was similar on a regional basis.
Same store sales declines in  the current period were partially offset by sales
from  new  stores,  net  of  closings,   and   growth  from  the  Internet  and
International  operations. Sales attributable  to  stores  opened
less than 12 months  totaled $21.8 million for the quarter, which
more than offset  the  $11.3  million  in  sales during the same quarter of the
prior  year  relating  to  stores  that  were  closed   within   that  past  12
months.  Revenues from non-store activity, including Internet,  mail
order,  International  and  Bailey  Street,  accounted for 10% of sales for the
quarter compared to 9% last year.



                                      14
<PAGE>







  The  following  table  outlines the sales mix by  product  category  for  the
quarters ended October 30, 2004 and November 1, 2003:

<TABLE>
<CAPTION>
                                 Three Months Ended
                              October 30,          November 1,
                                  2004                 2003
<S>                               <C>                 <C>
Sales mix:
   Large furniture.......          36%                 34%
   Occasional furniture..          21                  19
   Wall d{e'}cor.........          12                  13
   Accessories}..........          31                  34
                                  100%                100%
</TABLE>



  Growth  in  BombayKIDS  helped  drive  the  increased  penetration  of  large
furniture sales during  the  quarter.  The average ticket declined 3% to
$86 in the third quarter compared to  $89  last year, while the number of total
transactions decreased just over 3%.  On a geographical  basis,  all regions of
the  United  States reported same store sales declines in the high double-digit
range, compared  to  last  year's strong same store sales increases in the high
single to mid double-digit range.   Canada's  same  store sales performance was
slightly stronger, in the mid single-digit declines.

      Cost of sales, including buying and occupancy costs,  was  $94.9  million
for the third fiscal quarter compared to $96.1 million for the same period last
year.   As  a  percentage  of revenue, cost of sales increased to 74.9% for the
quarter compared to 71.0% for  the  prior  year  period  due  primarily  to the
negative impact of the increase in fixed costs while experiencing a decline  in
same store sales.  Buying and occupancy costs were 330 basis points higher than
last  year,  at  21.8%  of  revenue,  compared to 18.5% in the third quarter of
Fiscal  2003.   Store  occupancy  costs  increased  10%  over  the  prior  year
comparable quarter while retail square footage  increased 14% since November 1,
2003.  Buying costs increased 20 basis points, and  product margins declined 50
basis points primarily due to the loss of leverage on fixed logistics costs.

   Selling, general and administrative expenses were $41.8 million, or 33.0% of
revenue,  compared to $39.1 million, or 28.9% of revenue,  for  the  comparable
period of the prior year.  Store four-wall costs increased $.5 million due to a
$.6 million  increase  in  store  payroll  and  payroll related cost due to the
10% growth in the number of stores,  and  $.2 million increase in
telecommunication  costs,  primarily  related  to  the costs of  the  broadband
network installed in the U.S. stores last fall and in  Canadian  stores  during
the  third  quarter.   These  costs  were  offset by declines in volume related
expenses  including credit card expenses and  supplies.   As  a  percentage  of
revenue, store  four-wall  costs increased 140 basis points as same store sales
declines resulted in deleveraging  fixed  costs at the store level.  Direct-to-
customer  expenses  increased  by  $.3  million   due   to  higher  Internet
hosting  costs  under the Company's new hosting agreement.   Marketing  and
visual  merchandising  costs  increased  $.8  million,  or  110  basis  points,
principally  as  a  result of the decision to shift a catalog from the November
time period to mid October  in  order  to  drive earlier sales of gifts for the
holiday.  Corporate general and administrative expenses increased $1.0 million,
or 130 basis points, due to a $.7 million increase  in  insurance costs, driven
primarily  by  higher  medical insurance costs, and a $.4 million  increase  in
payroll costs, due in part  to costs resulting from infrastructure requirements
relating   to   Sarbanes-Oxley   compliance   efforts.
Additionally, foreign exchange gains relating to  our  Canadian operations were

                                      15
<PAGE>

$.2  million  less  than  the  same  quarter last year.  These  increases  were
partially offset by a $.2 million reduction  in  bonuses  because no
provision  was  made  during  the  current  quarter  for  incentive bonuses  to
corporate  executives,  and  a  $.2  million  reduction  in  depreciation   and
amortization expense related to corporate systems.

  For  the  quarter  ended  October  30,  2004, interest income was $14,000 and
interest expense was $332,000, compared to  expense  only  of  $374,000  in the
third  quarter  of Fiscal 2003.  Improvement is a result of higher average cash
balances during the  quarter coupled with lower seasonal borrowings, which also
began later than in the  previous  year.   These changes in cash and borrowings
are related to lower inventory levels as compared to the prior year.


Nine Months Ended October 30, 2004 and November 1, 2003

  Net revenue was $372.7 million for the nine  months  ended  October  30, 2004
compared  to  $384.9  million  for  the  nine  months ended November 1, 2003, a
decrease  of  3%.  Same store sales declined 15% for  the  year-to-date  as  we
anniversaried same  store sales gains of 21% in the first three quarters of the
prior year.  Sales declines  were  largely the result of a lack of freshness in
merchandise mix due to decisions made  in  the  fall of Fiscal 2003 that led to
excess  inventory  on  hand as of the end of Fiscal  2003.   Same  store  sales
declines in the current  period were partially offset by sales from new stores,
net of closings, Internet  growth  and  to  a lesser extent, growth from Bailey
Street and International. Stores opened for  less  than  12 months generated
sales  of  $64.8  million  through the third quarter, offsetting
$33.1 million in sales during the prior  year-to-date period from stores closed
during  the  past  12 months.   Revenues  from  non-store  activity,
including Internet,  mail order, International and Bailey Street, accounted for
10% of sales for the year-to-date period compared to 9% last year.

  The following table  outlines  the sales mix by product category for the nine
month periods ended October 30, 2004 and November 1, 2003:

<TABLE>
<CAPTION>
                                            Nine Months Ended
                                         October 30,   November 1,
                                            2004          2003
<S>                                       <C>            <C>
Sales mix:
   Large furniture.......                   37%           33%
   Occasional furniture..                   20            21
   Wall d{e'}cor.........                   12            13
   Accessories...........                   31            33
                                           100%          100%
</TABLE>











  Growth  in  BombayKIDS  helped  drive  the  increased  penetration  of  large
furniture during the period.  The average ticket declined 5% to $85 from $89 in
the prior year, while the number of total transactions increased almost 2%.  On
a geographical basis, all regions of  the  United  States  reported  same store
sales  declines  within  a  relatively  tight  range  in the mid double-digits,
compared  to  last  year's  strong  double-digit  same store  sales  increases.
Canada's   same   store   sales   performance   was   slightly    better
with mid single-digit same store sales declines.

   Cost of sales, including buying and occupancy costs, was $283.6  million, or
76.1% of revenue, for the nine months compared to $276.9 million, or 71.9%, for
the  same  period last year.  The higher costs as a percentage of revenue  were
due primarily  to  the  negative  impact  of  the  increase  in  fixed costs in
conjunction  with same store sales declines.  Buying and occupancy  costs  were
310 basis points  higher than last year, at 22.1% of revenue, compared to 19.0%
in the first nine months  of  Fiscal 2003.  Store occupancy costs increased 12%
while retail square footage increased  14% due to new store openings in larger,


                                      16
<PAGE>

off-mall   locations.    Buying   costs   increased    30   basis
points and product margins declined 100 basis points  for  the  year-to-
date  due  primarily  to  higher logistics costs measured against a lower sales
volume.

  Selling, general and administrative expenses increased $7.3 million to $118.7
million compared to $111.3 million for the comparable period of the prior year.
As a percentage of revenue,  selling,  general and administrative expenses were
31.8% for the nine months ended October  30, 2004 and 28.9% for the nine months
ended November 1, 2003.  Store four-wall costs  increased  $3.8 million related
primarily  to  a  $2.6  million increase in store payroll, resulting  from  the
10% increase  in  store  count,  and  a  $1.2 million increase in
telecommunication  costs,  primarily  related  to the costs  of  the  broadband
network  installed  last  fall in U.S. stores and this  fall  in  the  Canadian
stores.  As a percentage of  revenue, store four-wall costs increased 150 basis
points as same store sales declines resulted in deleveraging fixed costs at the
store level.  Direct-to-customer  SG&A  expenses  increased  $.8  million.  The
primary contributors to the increase were higher payroll costs, resulting  from
growth  in  the  business,  as  well  as  higher  hosting  costs  caused by the
termination  of one agreement and entering into a new hosting agreement,  which
is  based  upon   a  percentage  of  Internet  volume.   Marketing  and  visual
merchandising costs  increased $1.9 million, or 70 basis points, primarily as a
result of an increase  in  the  number  of markets receiving the monthly Sunday
newspaper  inserts for both the Bombay and  BombayKIDS  operations  during  the
first  half  of   the  year  as  well  as  a  shift  in  timing  of  a  catalog
compared with   last  year  from  the fourth into the third quarter.
Corporate general and administrative expenses  increased  $.8  million,  or  50
basis  points.   Insurance  and  taxes  were  $2.4  million higher, principally
related  to higher self-insured medical costs.  Payroll  costs  increased  $1.1
million as  a  result  of  additional  infrastructure investments and severance
costs associated with vice president level  changes made to reflect the current
needs of the business.  Additionally, foreign  exchange  gains  related  to the
Canadian operations were $.4 million less than the same period last year. These
increases  were  partially offset by a decline in depreciation and amortization
resulting  primarily   from  accelerated  amortization  taken  in  Fiscal  2003
associated with the retirement  of the old point-of-sale system and the lack of
accrual for performance-based incentive compensation for senior management.

  For  the year-to-date period,  interest  income  was  $45,000  and
interest  expense  was  $328,000, compared to income of $145,000 and expense of
$383,000 through the third  quarter  of  Fiscal 2003.  The decrease in interest
income  is  the result of lower average cash  balances  in  the  current  year,
particularly  in  the first quarter, related to higher average inventory levels
in the earlier part  of  the  period.   Lower  expense is a result of beginning
seasonal borrowings later in the current period  than  during  last  year, as a
result  of  lowering  inventory  levels  and later timing of seasonal inventory
build-up in the current year.


Liquidity and Capital Resources

  The primary sources of liquidity and capital  resources  are  cash flows from
operations  and  a  line of credit.  Effective September 29, 2004, the  Company
entered into a new secured  credit facility, with an aggregate commitment of up
to  $125 million, pursuant to  a  credit  agreement  with  Wells  Fargo  Retail
Finance,  LLC, as Arranger and Administrative Agent.  The facility replaced the
Company's previous  $75  million  facility,  all  indebtedness  under which was
repaid  coincident  with  the  closing  of  the  new facility.  The new  credit
facility is comprised of separate lines of credit  in  the United States and in
Canada, with separate availability bases.  The United States and Canadian lines
are secured by inventory, receivables and certain other  assets  of the Company
and  its  United  States  subsidiaries.   The Canadian line is also secured  by
certain assets of the Company's Canadian subsidiary,  which  can  borrow  up to
US$18  million  under  the line in certain circumstances.  Aggregate borrowings
under the United States and Canadian lines cannot exceed $125 million except as
noted below.

                                      17
<PAGE>

   The new facility may  be  used  for  working  capital,  inventory
financing  and  letter  of  credit needs.  Borrowings under the facility
may  be  made,  at  the Company's  option  and  subject  to  certain
limitations, in the form of loans  or  by  the issuance of bankers' acceptances
with respect to inventory purchases.  Loans  under  the facility bear interest,
at the Company's option, at either the prime lending  rate of Wells Fargo Bank,
National Association, or the LIBOR rate plus a margin of  1.00%  to 1.75%, with
such  margin depending on the amount by which the average available  commitment
exceeds  usage  under the line.  The available commitment under the facility is
limited to a borrowing  base  generally  comprised of 75% of eligible inventory
and 85% of receivables, as defined in the  credit  agreement, and with seasonal
and reserve adjustments.  The aggregate commitment under  the  facility  can be
increased  to  $175  million prior to September 15, 2007, at the request of the
Company.  Subsequent to the closing date of the agreement, the agent syndicated
a portion of the facility  to a group of banks.  The facility expires September
15, 2009.

  At October 30, 2004, total availability under the bank facility
was $102,488,000.  Borrowings of $51,490,000 and letters of credit totaling
$14,028,000, primarily to support inventory purchases, were outstanding,
and $36,970,000 was available for additional borrowings or letters of credit.

  Our long-term strategy is  to utilize our credit facility to finance seasonal
borrowings and utilize  cash  flow from operations and our balance sheet
to finance our capital programs.

  At October 30, 2004, inventory levels  were $171.7 million compared to $189.8
million at November 1, 2003.  On a per store  basis,  inventory declined 18% to
$348,000 from $423,000 at November 1, 2003.  Inventory  levels  last  year were
higher  than  required  as  a  result  of  our  focus on being in-stock for the
duration  of  each  promotional  event,  and  supporting  forecasted
double-digit same store sales increases.  The decrease  in inventory level on a
per  store  basis this year is consistent with our plans to  improve  inventory
turns from 2.2  times  in Fiscal 2003 to 2.4 times during Fiscal 2004, and with
more conservative sales forecasts in the current year.

  During the first nine months of Fiscal 2004, we opened 35 large format Bombay
stores and 12 BombayKIDS  stores.   Twenty-five  stores  were closed during the
period.  As of the end of the third quarter, we had 378 large format stores, 21
regular stores, 47 outlets and 47 BombayKIDS stores for a  total of 493 stores.
During the remainder of Fiscal 2004, we plan to open approximately  16  stores,
including three BombayKIDS locations, and to close nine stores.

  Our  capital expenditures plan, net of landlord construction allowances,  for
Fiscal 2004  is  expected  to  total approximately $30 million for the year and
includes the cost of opening new  stores,  migrating  stores  from mall to off-
mall,  expanding our distribution facilities in the northeast and  rolling  out
our new  point-of-sales  system  and  broadband  communications to our Canadian
operations.   We  believe  that  our  current  cash position,  cash  flow  from
operations  and  the  new  credit  facility  will  be sufficient  to  fund  our
operations and capital expenditure programs during the current year.

  Going forward, in light of the performance to date,  the Company has executed
or plans to execute structural changes to ensure that it  has  adequate capital
resources to fulfill its future plans. In addition to obtaining  the new credit
facility,  the  Company  has  recently  announced  its  intention  to exit  its
wholesale  operations,  Bailey  Street, either through sale or liquidation,  in
order to generate capital to support  its  continued  migration  of stores from
mall  to  off-mall and to expand its BombayKIDS concept.  Plans are  to  reduce
capital expenditures  for  Fiscal  2005  from the $30 to $35 million previously
anticipated  to  approximately  $20  to  >$25   million,   subject  to
continuing evaluation based upon operating performance.



                                      18


<PAGE>

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

      As of October 30, 2004, the Company does not have any market risk
sensitive instruments.


Item 4.  Controls and Procedures


  Pursuant  to  Rule  13a-15 under the Securities Exchange Act of 1934,  an
evaluation was performed under  the  supervision  and with the participation of
the  Company's  management,  including the Chief Executive  Officer  and  Chief
Financial Officer, of the effectiveness  of  the  design  and  operation of the
Company's  disclosure  controls  and  procedures  as  of the end of the  period
covered  by this report.  Based on that evaluation, the  Company's  management,
including  the  Chief  Executive Officer and Chief Financial Officer, concluded
that  the  Company's disclosure  controls  and  procedures  were  effective  in
alerting them  in  a  timely  fashion  to  material information relating to the
Company that is required to be included in periodic filings with the Securities
and Exchange Commission.  In conjunction with its preparation toward compliance
with  Section 404 of the Sarbanes-Oxley Act of  2002,  the  Company  previously
identified  the  need  for  certain  enhancements  with respect to its internal
control over financial reporting.  Specifically, the Company believed it needed
to enhance segregation of duties within its information  technology systems and
further  restrict  system  access.   During  the  third  quarter,  the  Company
satisfactorily remediated these issues.  These matters have been discussed with
the Company's independent accountants, with the Audit and Finance Committee and
with the Board of Directors of the Company.








                                      19
<PAGE>




















                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                          PART II - OTHER INFORMATION


Item 6.  Exhibits

The Exhibits filed as a part of this report are listed below.

Exhibit No.                                   Description


   31(a)                                Certification by Chief Executive
                                        Officer Pursuant to Rule 13a-15 and
                                        Rule 15d-15 of The Securities Exchange
                                        Act of 1934, as amended

    31(b)                               Certification by Chief Financial
                                        Officer Pursuant to Rule 13a-15 and
                                        Rule 15d-15 of The Securities Exchange
                                        Act of 1934, as amended

    32                                  Certifications of Registrant Pursuant
                                        to 18 U.S.C. Section 1350, as Adopted
                                        Pursuant to Section 906 of the
                                        Sarbanes-Oxley Act of 2002


                                      20



<PAGE>

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                                  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 as both an officer  of the registrant and
as the principal financial officer.


                                        THE BOMBAY COMPANY, INC.
                                        (Registrant)




                                        /S/ JAMES D. CARREKER
   Date:  December 9, 2004              James D. Carreker
                                        Chairman of the Board and
                                        Chief Executive Officer






                                        /S/ ELAINE D. CROWLEY
   Date:  December 9, 2004              Elaine D. Crowley
                                        Senior Vice President, Chief
                                        Financial Officer and Treasurer



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