# SHOE CARNIVAL INC (SHOE)

Informational only - not investment advice.

CIK: 0000895447
SIC: 5661 Retail-Shoe Stores
SIC breadcrumb: [Retail Trade](/division/G/) > [SIC Major Group 56](/major-group/56/) > [SIC 5661 Retail-Shoe Stores](/industry/5661/)
Latest 10-K filed: 2026-03-26
SEC page: https://www.sec.gov/edgar/browse/?CIK=895447
Filing source: https://www.sec.gov/Archives/edgar/data/895447/000119312526126279/scvl-20260131.htm

## At a glance

FY2026 · period end 2026-01-31 · filed 2026-03-26 · accession 0001193125-26-126279 · source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000895447.json

| Metric | Value | FY | Provenance |
| --- | ---: | ---: | --- |
| Revenue | 1,135,324,000 USD | 2026 | verified |
| Net income | 52,269,000 USD | 2026 | verified |
| Assets | 1,201,743,000 USD | 2026 | verified |
| Free cash flow | 26,584,000 USD | 2026 | computed |
| Net margin | 4.60% | 2026 | computed |
| Operating margin | 5.88% | 2026 | computed |
| Revenue YoY | -5.62% | 2026 | computed |
| ROE | 7.58% | 2026 | computed |

Computed values are grepcent-computed from the verified facts above and may differ from ratios the company itself reports. Free cash flow = operating cash flow − capital expenditures. Net margin = net income ÷ revenue. Operating margin = operating income ÷ revenue. Revenue YoY = FY2026 revenue ÷ FY2025 revenue − 1 (consecutive fiscal years only). ROE = net income ÷ period-end stockholders' equity.

No market price, no rating, no forecast on this site. Not investment advice.

### Peer percentile fingerprint

| Ratio | SHOE | Peer median | Percentile | N |
| --- | ---: | ---: | ---: | ---: |
| Net margin | 4.6% | 4.0% | 53 | 16 |
| Operating margin | 5.9% | 4.1% | 57 | 15 |
| Revenue growth | -5.6% | 5.0% | 7 | 16 |
| FCF margin | 2.3% | 4.7% | 20 | 16 |
| ROE | 7.6% | 16.5% | 36 | 15 |
| ROA | 4.3% | 4.6% | 47 | 16 |
| Liabilities / equity | 0.74 | 1.51 | 0 | 15 |
| Current ratio | 3.76 | 1.55 | 100 | 16 |

Percentile = share of the N covered peers reporting that ratio whose value is lower (ties counted half); computed among grepcent-covered companies in SIC major-group 56 SIC Major Group 56, not the whole market. A higher percentile means a higher value of the ratio, not a better company. Ratios with fewer than 8 reporting peers are omitted. Latest reported values per company; fiscal periods may differ. Descriptive arithmetic - not a score, rating, or ranking.

## Selected Fundamentals
| Metric | Value | Unit | FY | Filed |
| --- | ---: | --- | ---: | --- |
| Revenue | 1135324000 | USD | 2026 | 2026-03-26 |
| Net income | 52269000 | USD | 2026 | 2026-03-26 |
| Assets | 1201743000 | USD | 2026 | 2026-03-26 |

## Financials

Annual standardized facts from SEC companyfacts as of latest extracted filing date 2026-03-26. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000895447.json. Derived margins, ratios, and free cash flow are computed from the extracted annual SEC facts.

| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | 1,001,102,000 | 1,019,154,000 | 1,029,650,000 | 1,036,551,000 | 976,765,000 | 1,330,394,000 | 1,262,235,000 | 1,175,882,000 | 1,202,885,000 | 1,135,324,000 |
| Net income | 23,517,000 | 18,933,000 | 38,135,000 | 42,914,000 | 15,991,000 | 154,881,000 | 110,068,000 | 73,348,000 | 73,766,000 | 52,269,000 |
| Operating income | 37,912,000 | 37,701,000 | 49,760,000 | 54,209,000 | 21,865,000 | 207,654,000 | 146,444,000 | 93,505,000 | 91,152,000 | 66,758,000 |
| Gross profit | 289,235,000 | 296,269,000 | 308,992,000 | 311,869,000 | 279,982,000 | 526,787,000 | 468,164,000 | 421,390,000 | 428,794,000 | 415,150,000 |
| Diluted EPS | 1.28 | 1.15 | 2.45 | 1.46 | 0.56 | 5.42 | 3.96 | 2.68 | 2.68 | 1.90 |
| Operating cash flow | 63,789,000 | 40,348,000 | 74,141,000 | 66,946,000 | 63,395,000 | 147,893,000 | 50,438,000 | 122,756,000 | 102,638,000 | 71,300,000 |
| Capital expenditures | 21,832,000 | 19,653,000 | 7,413,000 | 18,501,000 | 12,396,000 | 31,387,000 | 77,293,000 | 56,281,000 | 33,161,000 | 44,716,000 |
| Dividends paid | 5,028,000 | 4,819,000 | 4,763,000 | 5,671,000 | 5,128,000 | 7,998,000 | 9,972,000 | 12,190,000 | 14,711,000 | 16,748,000 |
| Share buybacks | 42,604,000 | 29,798,000 | 46,046,000 | 37,768,000 | 0.00 | 7,147,000 | 30,515,000 | 5,445,000 | 0.00 | 0.00 |
| Assets | 458,478,000 | 415,580,000 | 417,999,000 | 628,374,000 | 642,747,000 | 812,264,000 | 989,781,000 | 1,042,025,000 | 1,124,133,000 | 1,201,743,000 |
| Liabilities | 139,596,000 | 108,278,000 | 113,566,000 | 331,011,000 | 332,571,000 | 359,731,000 | 464,213,000 | 458,636,000 | 475,137,000 | 512,077,000 |
| Stockholders' equity | 318,882,000 | 307,302,000 | 304,433,000 | 297,363,000 | 310,176,000 | 452,533,000 | 525,568,000 | 583,389,000 | 648,996,000 | 689,666,000 |
| Cash and cash equivalents | 62,944,000 | 48,254,000 | 67,021,000 | 61,899,000 | 106,532,000 | 117,443,000 | 51,372,000 | 99,000,000 | 108,680,000 | 117,091,000 |
| Free cash flow | 41,957,000 | 20,695,000 | 66,728,000 | 48,445,000 | 50,999,000 | 116,506,000 | -26,855,000 | 66,475,000 | 69,477,000 | 26,584,000 |

### Ratios

ROE and ROA use period-end equity/assets. Liabilities / equity uses total liabilities divided by stockholders' equity. Current ratio uses current assets divided by current liabilities when both are reported.

| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Net margin | 2.35% | 1.86% | 3.70% | 4.14% | 1.64% | 11.64% | 8.72% | 6.24% | 6.13% | 4.60% |
| Operating margin | 3.79% | 3.70% | 4.83% | 5.23% | 2.24% | 15.61% | 11.60% | 7.95% | 7.58% | 5.88% |
| Return on equity | 7.37% | 6.16% | 12.53% | 14.43% | 5.16% | 34.23% | 20.94% | 12.57% | 11.37% | 7.58% |
| Return on assets | 5.13% | 4.56% | 9.12% | 6.83% | 2.49% | 19.07% | 11.12% | 7.04% | 6.56% | 4.35% |
| Liabilities / equity | 0.44 | 0.35 | 0.37 | 1.11 | 1.07 | 0.79 | 0.88 | 0.79 | 0.73 | 0.74 |
| Current ratio | 4.08 | 5.65 | 4.77 | 2.69 | 2.71 | 2.88 | 2.99 | 3.76 | 4.11 | 3.76 |

## As-reported value updates

No tracked differences above grepcent's stated thresholds and capped precision rule were found between the earliest XBRL-filed value and the value currently on file for the standardized annual metrics grepcent tracks.


## Quarterly

Quarterly standardized facts from SEC companyfacts as of latest extracted filing date 2026-06-05. Source: https://data.sec.gov/api/xbrl/companyfacts/CIK0000895447.json.

Flow metrics use discrete quarter-length periods from 10-Q/10-Q/A filings. Q4 revenue and net income are derived only when annual FY and nine-month YTD facts exist for the same fiscal year; derived Q4 values are labeled. EPS Q4 is not derived.

| Quarter | End date | Revenue | Net income | Diluted EPS | Method |
| --- | --- | ---: | ---: | ---: | --- |
| 2022-Q2 | 2022-07-30 |  |  | 1.04 | reported discrete quarter |
| 2022-Q3 | 2022-10-29 |  |  | 1.18 | reported discrete quarter |
| 2023-Q1 | 2023-04-29 |  |  | 0.60 | reported discrete quarter |
| 2023-Q2 | 2023-07-29 | 294,615,000 | 19,441,000 | 0.71 | reported discrete quarter |
| 2023-Q3 | 2023-10-28 | 319,914,000 | 21,861,000 | 0.80 | reported discrete quarter |
| 2023-Q4 | 2024-02-03 | 280,169,000 | 15,520,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2024-Q1 | 2024-05-04 | 300,365,000 | 17,286,000 | 0.63 | reported discrete quarter |
| 2024-Q2 | 2024-08-03 | 332,696,000 | 22,573,000 | 0.82 | reported discrete quarter |
| 2024-Q3 | 2024-11-02 | 306,885,000 | 19,242,000 | 0.70 | reported discrete quarter |
| 2024-Q4 | 2025-02-01 | 262,939,000 | 14,665,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2025-Q1 | 2025-05-03 | 277,715,000 | 9,343,000 | 0.34 | reported discrete quarter |
| 2025-Q2 | 2025-08-02 | 306,388,000 | 19,225,000 | 0.70 | reported discrete quarter |
| 2025-Q3 | 2025-11-01 | 297,155,000 | 14,646,000 | 0.53 | reported discrete quarter |
| 2025-Q4 | 2026-01-31 | 254,066,000 | 9,055,000 |  | derived Q4 = FY annual - nine-month YTD |
| 2026-Q1 | 2026-05-02 | 270,730,000 | -5,628,000 | -0.21 | reported discrete quarter |

## Filed narrative (10-K & 10-Q)

## Business

Verbatim Item 1 Business section from SHOE's latest 10-K: [/company/SHOE/business/](/company/SHOE/business/).

## Risk Factors

Verbatim Item 1A Risk Factors from SHOE's latest 10-K: [/company/SHOE/risk-factors/](/company/SHOE/risk-factors/).

## Latest quarter (10-Q)

Latest 10-Q source: https://www.sec.gov/Archives/edgar/data/895447/000119312526258362/scvl-20260502.htm

Low-confidence quarantine: published MD&A gate detected tail bleed at 'Consolidated Financial Statements' and could not re-bound cleanly.
Confidence: low
Filing date: 2026-06-05
Report date: 2026-05-02

_Quarantined: low-confidence Item 2 boundaries; no quarterly MD&A text emitted._

## Latest 10-K MD&A (excerpt)

Latest 10-K Item 7 source: https://www.sec.gov/Archives/edgar/data/895447/000119312526126279/scvl-20260131.htm
Complete FY 2026 MD&A: /company/SHOE/mda/fy2026/

Extracted structurally from real Item 7 body heading to real Item 7A/8 boundary.
Confidence: high
Filing date: 2026-03-26
Report date: 2026-01-31

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The following discussion of our financial condition and results of operations (the “MD&A”) should be read together with our consolidated financial statements and notes to those statements included in PART II, ITEM 8 of this Annual Report on Form 10-K. This section of this Annual Report on Form 10-K generally discusses Fiscal 2025 and Fiscal 2024 and year-over-year comparisons between Fiscal 2025 and Fiscal 2024. A discussion of Fiscal 2024 and year-over-year comparisons between Fiscal 2024 and Fiscal 2023 that are not included in this Annual Report on Form 10-K can be found in PART II, ITEM 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for our fiscal year ended February 1, 2025, filed with the SEC on March 21, 2025. At the end of this section of this Annual Report on Form 10-K, we have included historical data for the past five fiscal years to facilitate trend analysis of key data reported in our consolidated financial statements and other select operating data.

Overview of Our Business

Shoe Carnival, Inc. is one of the nation’s largest omnichannel sellers of footwear for the family, and our goal is to be the leading family footwear retailer in the United States. Our product assortment, whether shopping in a physical store or through our e-commerce sales channel, is primarily branded footwear and includes dress and casual shoes, sandals, boots, work, and a wide assortment of athletic shoes. We carry shoes in two general categories – athletics and non-athletics with subcategories for men’s, women’s and children’s and we also carry certain accessories. In addition to our physical stores, through our e-commerce sales channel, customers can purchase the same assortment of merchandise in all categories of footwear with expanded options in certain instances. During Fiscal 2025, we operated two banners: Shoe Carnival and Shoe Station. For a description of these two banners, including the in-store environment, target customer and product assortment, see PART I, ITEM 1 of this Annual Report on Form 10-K.

As of our Fiscal 2025 year end, we operated 426 stores across 35 states and Puerto Rico, consisting of 144 Shoe Station locations and 282 Shoe Carnival locations. As more fully described in PART I, ITEM 1 of this Annual Report on Form 10-K, at the end of Fiscal 2025, Shoe Station bannered stores represented approximately 34% of our total store fleet, compared to approximately 10% at the end of Fiscal 2024. During Fiscal 2025, we rebannered 101 stores into Shoe Station stores, consisting of 73 Shoe Carnival stores and all 28 Rogan’s stores.

On November 13, 2025, we announced that our Board of Directors unanimously approved changing our corporate name to Shoe Station Group, Inc., subject to shareholder approval at our Annual Meeting of Shareholders in June 2026. That proposed name change remains on the June 2026 agenda. The proposed corporate name change to Shoe Station Group, Inc. reflects the Board’s conviction that the Shoe Station concept is our primary long-term growth vehicle.

Store Portfolio and Our Banner Strategy

The following tables set forth our physical store count for Fiscal 2025 and Fiscal 2024, as impacted by store rebanners, acquisitions, store openings and store closures.

[[GREPCENT_TABLE]]
[["","","January 31, 2026"],["","","Beginning","","","","","","","","","Permanently","","","","","","End of"],["Banner","","of Period","","","Opened","","","Acquired","","","Closed","","","Rebannered","","","Period"],["Shoe Carnival","","","360","","","","0","","","","0","","","","(5",")","","","(73",")","","","282"],["Shoe Station","","","42","","","","1","","","0","","","","0","","","","101","","","","144"],["Rogan's","","","28","","","","0","","","0","","","","0","","","","(28",")","","","0"]]
[[/GREPCENT_TABLE]]

[[GREPCENT_TABLE]]
[["","","February 1, 2025"],["","","Beginning","","","","","","","","","Permanently","","","","","","End of"],["Banner","","of Period","","","Opened","","","Acquired","","","Closed","","","Rebannered","","","Period"],["Shoe Carnival","","","372","","","","0","","","","0","","","","(2",")","","","(10",")","","","360"],["Shoe Station","","","28","","","","4","","","0","","","","0","","","","10","","","","42"],["Rogan's","","","0","","","","0","","","","28","","","","0","","","","0","","","","28"]]
[[/GREPCENT_TABLE]]

32

As stated above, during Fiscal 2025, we rebannerd 101 stores into Shoe Station stores. Over time this rebanner strategy has evolved. Previous expectations were that approximately 70 additional stores would rebanner before Back-to-School in Fiscal 2026, with the Shoe Station stores then representing 51% of the current store fleet, and that over 90% of our fleet would operate as a Shoe Station store by the end of Fiscal 2028, with remaining locations to be evaluated for potential rebannering, outlet repositioning, or closure. This transition to substantially all Shoe Station stores was expected to generate both inventory reductions, as Shoe Station’s merchandising model requires less inventory per store, as well as cost savings from reduced dual-brand complexity across merchandising, marketing, systems, supply chain and back office.

In evaluating the performance of the 101 stores that were rebannered in Fiscal 2025, particularly Net Sales in the second-half of Fiscal 2025, we observed that, while Shoe Station's e-commerce results have been a meaningful contributor to banner-level sales growth, demonstrating strong consumer response to the Shoe Station brand and assortment online, there was significant variability in in-store sales performance across rebannered locations, with some stores performing well and others not achieving anticipated results.

As a result, we made the strategic decision to slow the pace of store rebanners in Fiscal 2026 from previously announced timelines to allow time to identify which consumer demographics are responding most favorably to the Shoe Station format, to determine which marketing channels are most effective in driving new customer acquisition, and to refine product mix in rebannered stores to improve in-store conversion. We now expect to rebanner approximately 21 stores during the first half of Fiscal 2026 while this evaluation is conducted.

The Shoe Station banner is expected to continue as our primary growth banner as we leverage our CRM customer data to identify opportunities both within our current markets as well as new markets outside of our current footprint that are best suited for the Shoe Station format.

However, in markets where Shoe Carnival has historically been a dominant family footwear retailer, those stores will continue to operate under the Shoe Carnival banner. The Shoe Carnival banner continues to serve an important customer base in a meaningful number of locations, and we expect to manage both banners accordingly.

Net Sales by Banner

For the past three fiscal years, Shoe Station has been a market leader in the Southeast, and, according to our view of available industry data, Shoe Station has been the fastest growing retailer in our industry in terms of Net Sales growth. During the same period, our Shoe Carnival banner and the family footwear industry experienced comparable stores Net Sales declines.

Net Sales from our Shoe Station banner grew from $99.9 million in Fiscal 2022 (the first full year of our ownership) to $236.7 million in Fiscal 2025 (excluding Net Sales from Rogan’s, which are discussed below). This increase included Net Sales growth of 4.5% in Fiscal 2023, 6.4% in Fiscal 2024, and 2.7% in Fiscal 2025 from both new stores and comparable store Net Sales increases. The remaining increase resulted from base Net Sales that were transferred from Shoe Carnival as stores rebannered.

Conversely, Net Sales from our Shoe Carnival banner declined from $1.161 billion in Fiscal 2022 to $821.8 million in Fiscal 2025. This decrease included Net Sales declines of 7.8% in Fiscal 2023, 5.7% in Fiscal 2024, and 7.7% in Fiscal 2025 from both net store closures and comparable store Net Sales declines. The remaining decrease resulted from base Net Sales that were transferred to Shoe Station as stores rebannered.

With respect to Net Sales transferred between banners, we categorize Net Sales generated from a rebannered store as Shoe Station Net Sales beginning in the month following the month the store rebanners. Net Sales in Fiscal 2024 and Fiscal 2025 that were transferred from Shoe Carnival to Shoe Station totaled $7.6 million and $111.3 million, respectively. Approximately $149 million of Net Sales were reported as Shoe Carnival and Rogan’s Net Sales until they were rebannered in Fiscal 2025. In Fiscal 2026, those Net Sales will be reported under the Shoe Station banner for the entirety of the year.

33

Rogan’s Net Sales were $75.6 million in Fiscal 2025 and $80.3 million in Fiscal 2024. During Fiscal 2025, we transitioned to a more profitable Net Sales approach at Rogan’s, which resulted in Rogan’s generating more product margin in Fiscal 2025 compared to Fiscal 2024, despite the lower Net Sales. With integration fully complete and synergies captured, we expect to no longer separate Rogan’s Net Sales from Shoe Station Net Sales beginning in Fiscal 2026.

Comparable Stores Net Sales

Comparable stores Net Sales is a key performance indicator for us. Comparable stores Net Sales include stores that have been open for 13 full months after such stores’ grand opening or acquisition prior to the beginning of the period, including those stores that have been relocated, remodeled or rebannered. Therefore, stores recently opened, acquired or permanently closed are not included in comparable stores Net Sales. We generally include e-commerce sales in our comparable stores Net Sales as a result of our omnichannel retailer strategy. Due to our omnichannel retailer strategy, we view e-commerce sales as an extension of our physical stores. Rogan’s comparable stores Net Sales were included in our comparable stores Net Sales quarterly calculations beginning in the thirteen weeks ended August 2, 2025 and will begin to be included in our comparable stores Net Sales annual calculations beginning in Fiscal 2026.

Fiscal 2025 Executive Summary

Our Fiscal 2025 Net Income was $52.3 million, or $1.90 per diluted share, and was lower than the $73.8 million, or $2.68 per diluted share, reported in Fiscal 2024. We estimate our Fiscal 2025 Net Income per Diluted Share decreased by approximately $0.66 as a result of our rebanner-related investment, as more fully described below. The decline in Net Income per Diluted Share was also impacted by certain tax credits and other benefits associated with the Rogan’s acquisition that totaled $0.19 in Fiscal 2024 and did not recur in Fiscal 2025. Our Net Income per Diluted Share otherwise increased $0.07 year over year before the impact of these prior year Rogan’s acquisition related benefits and Fiscal 2025 rebanner investments.

Our Net Sales declined 5.6% in Fiscal 2025 compared to Fiscal 2024, primarily due to a 7.7% decline in Net Sales at our Shoe Carnival banner as we maintained pricing discipline despite pressure on lower-income consumers and reduced promotional marketing. In contrast, our Shoe Station banner achieved Net Sales growth of 2.7% in Fiscal 2025 compared to Fiscal 2024, driven by our rebanner strategy, including omnichannel growth. Therefore, our Shoe Station banner’s Net Sales growth in Fiscal 2025 compared to Fiscal 2024 outperformed Shoe Carnival’s Net Sales decline by 10.4 percentage points.

Our comparable stores Net Sales also declined 5.6% and included comparable stores Net Sales growth in Back-to-School August. Our Shoe Station banner grew comparable stores Net Sales low single digits in Fiscal 2025, while comparable stores Net Sales at our Shoe Carnival b

[Excerpt truncated for page length; the complete text is on the linked full-MD&A page.]

Read the full FY 2026 MD&A: /company/SHOE/mda/fy2026/
All MD&A years: /company/SHOE/mda/


## MD&A history

Prior-year 10-K MD&A spans are extracted from SEC filings with the same bounded parser used for the latest filing. Each year's full verbatim text is on its own sub-page.

- [FY 2025 MD&A](/company/SHOE/mda/fy2025/): filed 2025-03-21; accession 0000950170-25-043195 (https://www.sec.gov/Archives/edgar/data/895447/000095017025043195/scvl-20250201.htm)
- [FY 2024 MD&A](/company/SHOE/mda/fy2024/): filed 2024-03-22; accession 0000950170-24-035337 (https://www.sec.gov/Archives/edgar/data/895447/000095017024035337/scvl-20240203.htm)
- [FY 2023 MD&A](/company/SHOE/mda/fy2023/): filed 2023-03-24; accession 0000950170-23-009730 (https://www.sec.gov/Archives/edgar/data/895447/000095017023009730/scvl-20230128.htm)
- [FY 2022 MD&A](/company/SHOE/mda/fy2022/): filed 2022-03-25; accession 0000950170-22-004674 (https://www.sec.gov/Archives/edgar/data/895447/000095017022004674/scvl-20220129.htm)




## Macro cross-references

Indicators mapped to this company's SIC classification (industry 5661 Retail-Shoe Stores) by grepcent's deterministic macro-sector crosswalk. A navigational mapping, not a statistical or causal claim.

- [RSAFS](/indicator/RSAFS/): Advance Retail Sales: Retail Trade
- [PCE](/indicator/PCE/): Personal Consumption Expenditures
- [DSPIC96](/indicator/DSPIC96/): Real Disposable Personal Income
- [PSAVERT](/indicator/PSAVERT/): Personal Saving Rate
- [CPIAUCSL](/indicator/CPIAUCSL/): Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
- [CPILFESL](/indicator/CPILFESL/): Consumer Price Index for All Urban Consumers: All Items Less Food and Energy
- [CPIUFDSL](/indicator/CPIUFDSL/): Consumer Price Index for All Urban Consumers: Food
- [CES0500000003](/indicator/CES0500000003/): Average Hourly Earnings of All Employees, Total Private
- [UNRATE](/indicator/UNRATE/): Unemployment Rate
- [PAYEMS](/indicator/PAYEMS/): All Employees, Total Nonfarm

Macro-to-micro threads including this sector: [Inflation (CPI / PCE / PPI)](/thread/inflation-cpi-pce-ppi/), [US labor market](/thread/us-labor-market/), [Growth & output](/thread/growth-output/), [Sector employment](/thread/sector-employment/), [Industrial orders & inventories](/thread/industrial-orders/), [Trade & external](/thread/trade-external/).

All macro indicators: /indicators/


## For LLMs & downloads

Markdown twin: /company/SHOE.md · JSON record: /company/SHOE.json · verified financials: /company/SHOE/financials.json / /company/SHOE/financials.csv · machine TOC for the whole site: /llms.txt
