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 August 2, 2003

                                        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 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  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 August 30, 2003

Common stock, $1 par value                  35,086,871


                                   Page 1 of 21





<PAGE> 2
                    THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                                    Form 10-Q

                           Quarter Ended August 2, 2003



                                TABLE OF CONTENTS


                          PART I - FINANCIAL INFORMATION

Item
Page No.

1.Financial Statements...........................................       3-8

1.Management's Discussion and Analysis of Financial
   Condition and Results of Operations...........................      9-13

3.Quantitative and Qualitative Disclosures About Market Risk.....       14

4.Controls and Procedures........................................       14



                           PART II - OTHER INFORMATION


4.Submission of Matters to a Vote of Security Holders............       15

6.Exhibits and Reports on Form 8-K...............................       16

 Signatures......................................................       17

 Certifications..................................................      18-21













                                        2






<PAGE> 3


<TABLE>
                      THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                      (In thousands, except per share amounts)
                                     (Unaudited)
<CAPTION>

                                                 Three Months Ended         Six Months Ended
                                                August 2,   August 3,     August 2,   August 3,
                                                  2003        2002          2003        2002

<S>                                             <C>         <C>           <C>         <C>
Net revenue                                     $130,273    $100,040      $249,510    $190,895

Costs and expenses:
  Cost of sales, buying
    and store occupancy costs                     94,863      76,155       180,762     144,630
  Selling, general and
   administrative expenses                        36,673      29,386        72,257      57,540
  Interest expense (income), net                       6        (87)         (136)       (188)

   Total costs and expenses                       131,542    105,454       252,883     201,982

 Loss before income taxes                         (1,269)     (5,414)       (3,373)    (11,087)
 Benefit for income taxes                           (501)     (2,138)       (1,332)     (4,379)

   Net loss                                        ($768)    ($3,276)      ($2,041)    ($6,708)

 Basic earnings per share                         ($0.02)     ($0.10)       ($0.06)     ($0.20)

 Diluted earnings per share                       ($0.02)     ($0.10)       ($0.06)     ($0.20)


 Average common shares outstanding                 34,556      33,004        34,088      33,043

 Average common shares outstanding and
  dilutive potential common shares                 34,556      33,004        34,088      33,043









<FN>

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

</TABLE>
                                        3


<PAGE> 4


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

                                                          August 2,      February 1,        August 3,
<CAPTION>
                                                            2003            2003              2002
                                                        (Unaudited)                        (Unaudited)


<S>                                                     <C>              <C>                <C>
ASSETS
Current assets:
  Cash and cash equivalents                               $8,914          $56,608            $16,112
  Inventories                                            161,776          102,768            104,337
  Other current assets                                    22,795           21,123             22,362
    Total current assets                                 193,485          180,499            142,811

Property and equipment, net                               46,961           45,301             45,883
Goodwill, less amortization                                  423              423                423
Other assets                                              10,318            9,966             11,580
    Total assets                                        $251,187         $236,189           $200,697

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Bank borrowings                                       $ 13,847         $     --          $      --
  Accounts payable and accrued expenses                   42,104           37,202             30,557
  Income taxes payable                                       --             6,673                212
  Accrued payroll and bonuses                              6,181            7,192              3,592
  Gift certificates redeemable                             5,251            5,923              4,735
  Accrued insurance                                        3,908            3,609              2,816
    Total current liabilities                             71,291           60,599             41,912
Accrued rent and other liabilities                         5,954            6,182              6,302
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 issued           38,150           38,150             38,150
Additional paid-in capital                                75,735           75,446             75,232
Retained earnings                                         74,320           76,361             62,436
Accumulated other comprehensive loss                       (547)          (1,394)            (1,743)
Common shares in treasury, at cost, 3,073,478
   4,621,440 and 5,173,241 shares respectively          (12,615)         (18,918)           (21,226)
Stock purchase loans                                         --               --               (231)
Deferred compensation                                    (1,101)            (237)              (135)
  Total stockholders' equity                             173,942          169,408            152,483

Total liabilities and stockholders' equity              $251,187         $236,189           $200,697


<FN>

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

</TABLE>

                                                 4




<PAGE> 5


<TABLE>
                         THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                          Consolidated Statements of Cash Flows
                                 (Dollars in thousands)
                                      (Unaudited)
<CAPTION>
                                                               Six Months Ended
                                                           August 2,      August 3,
                                                             2003           2002

<S>                                                         <C>            <C>
Cash flows from operating activities:
 Net loss                                                   ($2,041)       ($6,708)
 Adjustments to reconcile net loss
  to net cash from operations:
   Depreciation and amortization                               8,943          7,261
   Restricted stock expense, net                                  79             22
   Deferred taxes and other                                      156            256
Change in assets and liabilities:
   Increase in inventories                                   (58,569)       (14,517)
   Increase in other current assets                             (999)        (4,554)
   Decrease in current liabilities                            (4,009)          (268)
   Increase in noncurrent assets                                  (4)           (38)
   Decrease in noncurrent liabilities                           (108)          (392)
 Net cash used by operations                                 (56,552)       (18,938)
Cash flows from investing activities:
   Purchases of property and equipment                       (10,765)        (3,612)
   Sales of property and equipment                                 71             74
 Net cash used by investing activities                       (10,694)        (3,538)
Cash flows from financing activities:
   Net bank borrowings                                         13,847            --
   Purchases of treasury stock                                   (82)          (800)
   Sale of stock to employee benefit plans                        147             69
   Collection of stock purchase loans                             --             736
   Proceeds from the exercise of employee stock
     options                                                    5,291            146
  Net cash provided by financing activities                    19,203            151
Effect of exchange rate change on cash                            349             22
Net decrease in cash and cash equivalents                    (47,694)       (22,303)
Cash and cash equivalents at beginning of period               56,608         38,415
Cash and cash equivalents at end of period                     $8,914        $16,112
Supplemental disclosure of cash flow information:
    Interest paid                                            $     97        $    --
    Income taxes paid                                           5,483          2,806
    Non-cash financing activities:
    Distributions of deferred director fees                       179            250
      Issuance of restricted stock                              1,035             --

<FN>

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

</TABLE>
                                       5




<PAGE> 6


                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                  Notes to Consolidated Financial Statements


(1)  Accounting Principles

  In  the  opinion  of  the Company, the  accompanying  consolidated  financial
statements  contain  all  adjustments  (consisting  of  only  normal  recurring
adjustments) necessary to present fairly the financial position as of August 2,
2003 and August 3, 2002, the results of operations for the three and six months
then ended, and cash flows  for  the  six  months  then  ended.  The results of
operations for the three and six month periods ended August  2, 2003 and August
3,  2002 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
2002 Annual Report on Form 10-K.

(2)  Comprehensive Income/Loss

  Comprehensive income or loss represents  the change in equity (net assets) of
a business enterprise during a period from transactions  and  other  events and
circumstances from non-owner sources.  It includes all changes in equity during
a period except those resulting from investments by owners and distributions to
owners.

  Comprehensive  loss  for the three months ended August 2, 2003 and August  3,
2002 was $653,000 and $3,382,000, respectively.  Comprehensive loss for the six
months ended August 2, 2003  and  August 3, 2002 was $1,194,000 and $6,675,000,
respectively.  Other comprehensive  income  or  loss consists of the cumulative
effect of foreign currency translation adjustments.


(3)  Earnings per Share

  Basic earnings per share are based upon the weighted average number of shares
outstanding.  Diluted earnings per share are 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.

  During the three and six month periods ended  August  2,  2003  and August 3,
2002,  the  Company reported a loss.  Accordingly, during these periods  common
stock equivalents  would  be  anti-dilutive  and, thus, are not included in the
computation of diluted earnings per share.













                                       6



<PAGE> 7



                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)


(4)  Credit facility and debt

  The Company has an unsecured, revolving credit  agreement  with  a  group  of
banks.   On  July  10,  2003,  the credit agreement was amended to increase the
aggregate commitment by $25 million  to $75 million through the addition of one
lending party and an increased commitment  on  the  part of two existing banks.
Other  provisions  of  the  agreement  remained substantially  unchanged.   The
facility,  which  expires  July  5, 2005, is  for  working  capital,  inventory
financing and letter of credit purposes.

  Availability of the bank commitment  is  limited to the lesser of $75 million
or 45% of eligible inventory as defined by the  credit  facility.  At August 2,
2003,  the  bank  commitment  was  $72,648,000.   Letters  of  credit  totaling
$12,126,000  and  borrowings  of  $13,847,000,  primarily to support  inventory
purchases, were outstanding under the facility, and  $46,675,000  was available
for additional borrowings or letters of credit.


(5)  Stock-Based Compensation

  The Company applies the recognition and measurement principles of  Accounting
Principles  Board  Opinion  No. 25, "Accounting for Stock Issued to Employees",
and related interpretations and the disclosure-only provisions of SFAS No. 123,
"Accounting for Stock-Based Compensation"  in  accounting  for  its stock-based
incentive  plans.   No compensation expense related to grants of stock  options
has been reflected in net income, 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 measured as 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  income  and  earnings per share if the
Company had applied the fair value recognition provisions of SFAS 123 to stock-
based compensation (in thousands):

<TABLE>

<CAPTION>
                                                Three Months Ended Six Months Ended
                                             August 2,   August 3,  August 2,  August 3,
                                               2003       2002        2003       2002

<S>                                         <C>         <C>         <C>        <C>
Net loss as reported                          ($768)    ($3,276)    ($2,041)   ($6,708)
Stock-based compensation expense
determined under FAS 123, net of tax           (325)       (224)       (549)      (430)
Net loss, pro forma                         ($1,093)    ($3,500)    ($2,590)   ($7,138)

Basic earnings per share, as reported         ($.02)      ($.10)      ($.06)     ($.20)
Diluted earnings per share, as reported       ($.02)      ($.10)      ($.06)     ($.20)
Basic earnings per share, pro forma           ($.03)      ($.11)      ($.08)     ($.22)
Diluted earnings per share, pro forma         ($.03)      ($.11)      ($.08)     ($.22)

</TABLE>

                                       7




<PAGE> 8


                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

              Notes to Consolidated Financial Statements (cont'd)

  During  the  second  quarter of Fiscal 2003, the Company  awarded  restricted
stock  grants  aggregating  81,256  shares  to  two  executive  officers.   The
respective shares  will  become vested in designated increments contingent upon
continued employment of the  respective  executive based upon specified vesting
periods  of  at  least  12  months  and  not more  than  36  months.   Deferred
compensation of $1,035,000 was recorded in  conjunction  with  the  grants, and
will be expensed over the respective vesting periods.


(6)  New Accounting Pronouncements

  During  the  first  fiscal quarter of 2003, the Company adopted Statement  of
Financial  Accounting  Standards   ("SFAS")  No.  143,  "Accounting  for  Asset
Retirement Obligations".  SFAS 143 requires  that the fair value of a liability
for an asset retirement obligation be recognized  in  the period in which it is
incurred if a reasonable estimate of fair value can be  made.  The  adoption of
SFAS 143 did not have a material impact on the Company's consolidated financial
position or results of operations.

  The  Company  has  also  adopted the provisions of SFAS 146, "Accounting  for
Costs  Associated  with Exit or  Disposal  Activities"  for  exit  or  disposal
activities initiated  after  December  31,  2002.   SFAS  No. 146 requires that
certain  costs associated with exit or disposal activities be  recognized  when
they are incurred  rather than at the date of commitment to an exit or disposal
plan.  The adoption of SFAS 146 did not have a material impact on the Company's
consolidated financial position or results of operations.

  In November 2002,  the  Financial  Accounting Standards Board ("FASB") issued
FASB  Interpretation  ("FIN") No. 45, "Guarantor's  Accounting  and  Disclosure
Requirements for Guarantees,  Including  Guarantees of Indebtedness of Others."
FIN 45 is effective for guarantees issued  or modified after December 31, 2002.
The disclosure requirements were effective for  certain  guarantees existing at
December 31, 2002, and expand the disclosures required by a guarantor about its
obligations under a guarantee.  FIN 45 also requires recognition  of guarantees
entered  into or modified after December 31, 2002 as a liability for  the  fair
value of the  obligation  undertaken  in  the  issuance  of the guarantee.  The
Company adopted FIN 45 on January 1, 2003, its effective date.  The Company has
no  material  guarantees  and,  therefore,  has  made  no  adjustments  to  its
consolidated financial statements as a result of this adoption.


  In January 2003, the FASB issued FIN 46, "Consolidation of  Variable Interest
Entities - An Interpretation of ARB No. 51."  FIN 46 addresses consolidation by
business   enterprises   of   variable  interest  entities  that  have  certain
characteristics.   The  consolidation  requirement  of  FIN  46  is  applicable
immediately to variable interest entities created or obtained after January 31,
2003 and, as of July 1, 2003,  for  variable  interest entities acquired before
February  1, 2003.  The Company does not have any  variable  interest  entities
and,  therefore,   has  made  no  adjustments  to  its  consolidated  financial
statements as a result of this adoption.




                                       8


<PAGE> 9



                    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 actual results,
performance or achievements of The Bombay Company, Inc. (the  "Company")  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:  downward pressure in retail  due  to  economic
pessimism and declining consumer sentiment;  competition;  seasonality; success
of  operating initiatives; new product development and introduction  schedules;
uninterrupted  flow of product from overseas sources; acceptance of new product
offerings  including   children's   merchandise;  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; availability  and terms of borrowings or capital
for operating purposes; labor and employee benefit  costs;  ability  to  obtain
insurance  at  a  reasonable  cost;  reliance  on  technology;  security of the
technological infrastructure; changes in government or trade regulations; risks
associated   with   international   business;   impact   of   foreign  currency
fluctuations;  potential  business interruptions due to communicable  diseases;
terrorism;  war or threat of  war;  regional  weather  conditions;  hiring  and
retention of  key  management  personnel  and  other  risks  and  uncertainties
contained  in  the  Company's  2002  Annual  Report on Form 10-K and other  SEC
filings as they occur.

General

  The Bombay Company, Inc. and its wholly-owned  subsidiaries (the "Company" or
"Bombay")  design,  source  and  market  a  unique  line  of  fashionable  home
accessories, wall d{e'}cor and furniture through 421  retail  locations  in  42
states  in  the  United  States  and nine Canadian provinces, through specialty
catalogs,  over  the  Internet  and  internationally.   The  Company's  primary
business consists of its Bombay retail  operations.   In  addition, the Company
operates  Bombay  KIDS  ("KIDS"),  Bailey  Street  Trading Company  and  Bombay
International,  which  are  all relatively new and immaterial  to  the  overall
results  and,  therefore,  are  not  discussed  separately  under  "Results  of
Operations".  KIDS, a line of children's  furniture,  textiles and accessories,
is  currently  being  offered  in six Bombay KIDS store locations  as  well  as
through  catalog and Internet channels.   The  Company's  wholesale  operation,
Bailey Street  Trading  Company,  markets  a  limited  number  of furniture and
accessory  SKUs  under  a  separate  brand to specialty gift stores,  furniture
stores, department stores, catalogers and mass merchants.  The Company also has
international licensing agreements under  which  a  total  of  twelve  licensed
international stores are operating in the Middle East and the Caribbean.

  The  Company's  business  is seasonal and the largest percentage of its sales
and virtually all of operating income is realized in the fourth fiscal quarter,
which includes December (Christmas  season).   Merchandise  is  manufactured to
Company  specifications  through a worldwide network of contract manufacturers.
Sourcing is subject to competitive  conditions,  which may include, among other
things,  inflation  in certain countries.  The Company  attempts  to  alleviate
inflationary  pressures   by   adjusting  selling  prices  (subject  to  market
conditions), improving designs and  finding  alternative  lower cost production
sources.   The  impact  of  inflation  on  operating  results is currently  not
significant.
                                        9


<PAGE> 10

Results of Operations

Quarters Ended August 2, 2003 and August 3, 2002

      Net revenue increased 30% to $130,273,000 for the quarter ended August 2,
2003 compared to $100,040,000 for the quarter ended August 3, 2002.  Same store
sales  increased  26%  for the quarter as the Company has  improved  its  value
proposition and invested  in inventory and marketing to support the growth.  In
addition to the same store  sales  growth, the revenue increase is attributable
to growth from new stores and stores  converted  to the large format as well as
Internet, International and Bailey Street Trading  Company operations.  Revenue
from non-store operations represented 9% of total revenue  compared  to 6% last
year.

         On  a geographical basis, all regions of the United States and  Canada
reported positive  double-digit  same  store  sales  gains  in  the core retail
business.  From a sales mix standpoint, large furniture represented  33% of the
business,  occasional  furniture was 18%, wall d{e'}cor was 13% and accessories
were 36%, compared to 33%  large  furniture, 17% occasional furniture, 14% wall
d{e'}cor and 36% accessories in the  second  quarter  of  the  prior year.  All
categories  experienced  improvement  in sales, with furniture and  accessories
showing   the   strongest  growth.   The  average   retail   ticket   increased
approximately 7%  to  almost  $100  for the quarter compared to $93 in the same
quarter last year, while the number of transactions increased almost 21%.

  Cost of sales, including buying and  store  occupancy  costs, was $94,863,000
for the second fiscal quarter compared to $76,155,000 for  the same period last
year.   As a percentage of revenue, cost of sales decreased to  72.8%  for  the
quarter compared  to  76.1%  for  the  prior  year  period.   Buying  and store
occupancy costs declined as a percentage of revenue to 18.6% from 23.3%  in the
prior  year,  reflecting  the significant leverage gained as a result of higher
same store sales.  Buying and store occupancy costs increased to $24,245,000 in
the second fiscal quarter from  $23,310,000  in  the  comparable quarter of the
prior  year.  This 4% increase corresponds to the increase  in  square  footage
between  these periods.  Product margins (revenue less cost of sales, excluding
buying and  store occupancy costs) declined approximately 140 basis points from
the comparable  prior  year quarter due to the Company's continued focus on its
value offering at key price  points designed to increase market share and drive
sales.

  Selling, general and administrative  expenses  were  $36,673,000  during  the
second  quarter  of  the  current  fiscal  year  compared to $29,386,000 in the
comparable prior year period.  Increased expenses are primarily attributable to
higher payroll costs to support the higher sales volumes as well as performance
based  compensation.   Additionally, the Company accelerated  $1.1  million  of
amortization related to  its current point-of-sale and merchandise planning and
allocation systems as they  are  being  replaced.  Investments in marketing and
increased insurance costs also contributed to the increase.  As a percentage of
revenue, selling, general and administrative  expenses declined to 28.2% in the
current  quarter  compared  to 29.4% in the prior  year  as  a  result  of  the
significant increase in revenue.

  For  the quarter ended August  2,  2003,  net  interest  expense  was  $6,000
compared  to  $87,000 net interest income in the second quarter of Fiscal 2002.
The decline is  a result of lower cash balances and earlier seasonal borrowings
to support investments  in  inventory  related to the seasonal inventory build,
increased same store sales and new store  openings  as  well  as higher capital
expenditures relating to the Company's store growth and investment  in  systems
and distribution center expansion.

                                      10





<PAGE> 11

Six Months Ended August 2, 2003 and August 3, 2002

      For  the  six  months ended August 2, 2003, net revenue increased 31%  to
$249,510,000 compared  to  $190,895,000  in  the  first six months of the prior
fiscal year.  Same store sales increased 25% for the  year-to-date  comparison.
All  regions  of the United States and Canada reported double-digit same  store
sales gains in  the  core  retail  business  on  a  year-to-date  basis.  Large
furniture represented 34% of the business, occasional furniture was  18%,  wall
d{e'}cor was 14% and accessories were 34%, compared to 31% large furniture, 18%
occasional furniture, 15% wall d{e'}cor and 36% accessories in the prior fiscal
year.   The  average  transaction  was  approximately $105 during the first six
months of the year, over $8 or 9% higher  than  in  the  comparable  prior year
period, and the number of transactions increased approximately 19%.

      In addition to same store sales gains, revenue increases were a result of
sales  from  new  stores  and  stores converted to the large format as well  as
revenue  from  Internet,  International,  and  Bailey  Street  Trading  Company
operations.  Revenues from non-store operations represented 8% of total revenue
for the six-month period, compared to 7% in the prior year period.

      Cost  of  sales,  including   buying   and  store  occupancy  costs,  was
$180,762,000  during  the  six  months  ended  August   2,   2003  compared  to
$144,630,000 for the same period last year.  As a percentage of  revenue,  cost
of  sales  declined  to 72.4% from 75.8% for the prior year period.  Buying and
store occupancy costs  declined  as a percentage of revenue to 19.2% from 24.2%
in the prior year, reflecting the  significant  leverage  gained as a result of
higher  same  store  sales.   Buying  and  store occupancy costs  increased  to
$48,014,000 for the six months from $46,163,000  in  the  comparable prior year
period, consistent with the 4% increase in retail square footage  since  August
3,  2002.   Product  margins  declined  160  basis  points  as  a result of the
Company's continued focus on its value offering at key price points designed to
increase market share and drive sales volumes.

      Selling, general and administrative expenses were $72,257,000 for the six
months compared to $57,540,000 in the prior year period.  Expense increases are
primarily  related  to payroll and performance based compensation,  accelerated
depreciation related  to  the  replacement  of  point-of-sales  and merchandise
planning  systems,  and  higher  advertising expenditures.  As a percentage  of
revenue, expenses improved to 29.0%  in  the  current  period compared to 30.1%
last  year.   Improvement  as a percentage of revenue is primarily  related  to
payroll and related costs.

      For the six months ended August 2, 2003, net interest income was $136,000
compared to $188,000 in the  six months ended August 3, 2002.  The decline is a
result  of lower cash balances  and  earlier  seasonal  borrowings  to  support
investments  in  inventory  related  to the seasonal inventory build, increased
same store sales and new store openings  as well as higher capital expenditures
relating  to  the  Company's  store  growth  and   investment  in  systems  and
distribution center expansion.









                                      11





<PAGE> 12

Liquidity and Capital Resources

  The primary sources of liquidity and capital resources  are  cash  flows from
operations  and a bank line of credit.  The Company has an unsecured, revolving
credit agreement with a group of banks.  On July 10, 2003, the credit agreement
was amended to  increase the aggregate commitment by $25 million to $75 million
through the addition  of  one  lending party and an increased commitment on the
part  of  two  existing banks.  Other  provisions  of  the  agreement  remained
substantially unchanged.   The  facility,  which  expires  July 5, 2005, is for
working   capital,   inventory   financing   and  letter  of  credit  purposes.
Availability of the bank commitment is limited  to the lesser of $75 million or
45%  of eligible inventory as defined by the credit  facility.   At  August  2,
2003,  the  bank  commitment  was  $72,648,000.   Letters  of  credit, bankers'
acceptances  and  overnight  borrowings  totaling $12,126,000, $12,422,000  and
$1,425,000,  respectively,  primarily  to  support  inventory  purchases,  were
outstanding, and $46,675,000 was available for additional borrowings or letters
of credit.

  The Company's inventory balance increased  $57,439,000  compared  to the same
period  last  year.   The Company has made investments in inventory to  support
the growth in same  store  sales,  store  expansion  and  to  improve inventory
availability  particularly in core merchandise and in merchandise  featured  in
promotions.  Over  65%  of  the  increase  in  on-hand inventory relates to the
furniture category and KIDS product.   The Company expects to end the year with
$130 million to $135 million in total inventory.

  During the first half of Fiscal 2003, real estate activity was as follows:



                              Store Count

                  Bombay     KIDS    Outlets    Total
   At 2/2/03       371        5         46       422
   Openings         7         1          -        8
   Closings        (9)        -          -       (9)
   At 8/2/03       369        6         46       421



  During the second half of Fiscal 2003, real estate activity is expected to be
as follows:


                                     Store Count

                          Bombay    KIDS    Outlets     Total
    At 8/2/03              369        6        46        421
    Openings              43-47      29         1       73-77
    Closings               (26)       -         -       (26)
    At 1/31/04           386-390     35        47      468-472


  As a result of this activity, comparative retail square footage (in
thousands) is as follows:


                                    Fiscal 2003       Fiscal 2002       Increase

At Second Quarter End                   1,588            1,532             4%
At Year End (2003 projected)         1,865-1,880         1,578           18%-19%



                                      12


<PAGE> 13

  During Fiscal 2003, a total of 100 leases have expired or are scheduled to
expire.  Actions taken or planned for these leases are as follows:



                                   Number of
Action                              Leases

Close and open in new location         13
Close                                  15
Renew long-term                        16
Renew short-term                       38
Extend month-to-month                  18
   Total                              100


  The  Company's  future capital needs will be primarily  driven  by  its  real
estate strategy.  Over  the  next  two  years,  the  Company  will  have  lease
expirations  related to approximately 200 stores.  The Company expects to renew
or replace substantially  all  of  the stores as the leases expire and increase
store count by approximately 5% annually.   In  addition,  the Company plans to
open  a total of 100 KIDS stores during the next three years.     In  order  to
support  this  growth,  the  Company expects to continue to make investments in
systems and expand its distribution center capacity.  The Company believes that
its current cash position, cash flows from operations and expanded credit lines
will be sufficient to fund its  operations  and  capital  expenditure  programs
during  the current year.  Additionally, the Company is currently investigating
financing alternatives to support expansion plans.





















                                      13


<PAGE> 14

Item 3.  Quantitative and Qualitative Disclosures About Market Risk

      As of August 2, 2003, the Company does not have any market risk sensitive
instruments.


Item 4.  Controls and Procedures

  Within  90 days prior to the date of this filing, an evaluation was performed
under the supervision  and  with  the  participation  of  Company's management,
including the Interim Executive Committee and Chief Financial  Officer,  of the
effectiveness  of the design and operation of the Company's disclosure controls
and procedures pursuant  to  Rule  13a-14  under the Securities Exchange Act of
1934.  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 timely alerting them to
material information relating to the Company that is required to be included in
periodic filings with the Securities and  Exchange Commission.  There have been
no significant changes in the Company's internal  controls  or in other factors
that could significantly affect internal controls subsequent to the date of the
evaluation.






















                                      14





<PAGE> 15

                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                          PART II - OTHER INFORMATION

Item 4.  Submission of Matters to a Vote of Security Holders

(a)  The Annual Meeting of Shareholders of the Company was held on May 15,
2003.

(b)  Directors elected to hold office are listed in the attached Proxy
Statement, which is incorporated herein by reference.

     Directors elected:  James D. Carreker and Nigel Travis
     Continuing directors:  John H. Costello, Susan T. Groenteman, Paul J.
     Raffin, Julie Reinganum,
     Laurie M. Shahon and Bruce R. Smith.

(c)
     (i) Election of directors:



    Name                     For             Withheld

James D. Carreker         29,330,207          311,355
Nigel Travis              29,225,987          415,575


     (ii)  Approval of Executive Management Incentive Compensation Plan:


   For           Against       Abstain       Broker Non-votes

 27,751,670     1,007,156      881,636            1,100























                                         15





<PAGE> 16


Item 6.  Exhibits and Reports on Form 8-K

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

Exhibit No.                                   Description

   10 (a)                               Employment Agreement with Executive
                                        Officer.

   10 (b)                               Restricted Stock Agreement with
                                        Executive Officer.

   10 (c)                               Stock Option Agreement with Executive
                                        Officer.

   20                                   Notice of Annual Meeting of
                                        Shareholders and Proxy Statement, filed
                                        with the Commission on April 10, 2003.
                                        Such Exhibit is incorporated herein by
                                        reference.

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


(b) On May 29, 2003, the Company filed a Form 8-K reporting the results of its
   earnings for the fiscal quarter ended May 3, 2003.

   On July 14, 2003, the Company filed a Form 8-K relating to the amendment of
   its bank credit facility.



















                                      16


<PAGE> 17

                   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. CARRKER
   Date:  September 11, 2003            James D. Carreker
                                        Chairman of the Board and
                                        Chief Executive Officer






                                        /S/ ELAINE D. CROWLEY
   Date:  September 11, 2003            Elaine D. Crowley
                                        Senior Vice President, Chief
                                        Financial Officer and Treasurer


















                                      17




<PAGE> 18


                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                     CERTIFICATION PURSUANT TO 18 U.S.C.
                      SECTION 1350 AS ADOPTED PURSUANT TO
                 SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002





I, James D. Carreker, certify that:


1. I have reviewed this quarterly report on Form 10-Q of The Bombay Company,
Inc.;


2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;


3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report.

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness
of the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
function):

a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls;
and





                                      18


<PAGE> 19

6. The registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.



Date:September 11, 2003


                                        /S/ JAMES D. CARREKER

                                        James D. Carreker
                                        Chairman of the Board and
                                        Chief Executive Officer

































                                      19




<PAGE> 20


                   THE BOMBAY COMPANY, INC. AND SUBSIDIARIES

                      CERTIFICATION PURSUANT TO18 U.S.C.
                      SECTION 1350 AS ADOPTED PURSUANT TO
                 SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002







I, Elaine D. Crowley, certify that:


1. I have reviewed this quarterly report on Form 10-Q of The Bombay Company,
Inc.;


2. Based on my knowledge, this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this quarterly
report;


3. Based on my knowledge, the financial statements, and other financial
information included in this quarterly report, fairly present in all material
respects the financial condition, results of operations and cash flows of the
registrant as of, and for, the periods presented in this quarterly report.

4. The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a) designed such disclosure controls and procedures to ensure that material
information relating to the registrant, including its consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and
procedures as of a date within 90 days prior to the filing date of this
quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness
of the disclosure controls and procedures based on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officer and I have disclosed, based on our
most recent evaluation, to the registrant's auditors and the audit committee of
registrant's board of directors (or persons performing the equivalent
function):

a) all significant deficiencies in the design or operation of internal controls
which could adversely affect the registrant's ability to record, process,
summarize and report financial data and have identified for the registrant's
auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls;
and




                                      20

<PAGE> 21

6. The registrant's other certifying officer and I have indicated in this
quarterly report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.



Date:September 11, 2003




                                        /S/ ELAINE D. CROWLEY

                                        Elaine D. Crowley
                                        Senior Vice President, Chief
                                        Financial Officer and Treasurer














                                      21