SIC Code 56

Apparel & Accessory Stores

16 companies · FY2023

Median Pay Ratio
352:1
Avg Pay Ratio
939:1
Median CEO Pay
$4.6M
Avg CEO Pay
$6.6M

Reading the Apparel & Accessory Stores CEO Pay Landscape (SIC 56, FY2023)

The Apparel & Accessory Stores industry, classified under 2-digit SIC code 56, had 16 SEC-reporting public companies disclose CEO pay ratio data in fiscal year 2023. Across that set of firms, the median CEO-to-worker pay ratio was 352:1 and the average was 939:1. Median CEO total compensation in the sector was $4.6M, with the sector-wide average at $6.6M. These figures are aggregated from DEF 14A proxy statements filed under Section 953(b) of the Dodd-Frank Act, which requires every U.S.-listed reporting company to compare its CEO's total compensation against a representative median employee.

Pay dispersion inside this industry is substantial. The 25th percentile CEO in Apparel & Accessory Stores earned $3.0M, while the 75th percentile CEO earned $8.0M — a spread that shows how firm size, equity-heavy compensation packages, and performance-linked incentives can drive very different outcomes even among peers sharing the same SIC code. The gap between the 939:1 average and the 352:1 median is wide, which almost always signals that a small number of very-high-pay CEOs are pulling the mean upward; the median is the fairer yardstick for "a typical company in this sector."

Below you can scan each of the 17 Apparel & Accessory Stores companies PlainCEOPay currently tracks in this SIC group, with headline pay, CEO name, median worker pay, and individual pay ratios. Click through to any company page to see the full compensation breakdown — base salary, stock awards, option awards, non-equity incentive pay, pension value changes, and other compensation — plus how that firm specifically compares to this industry benchmark. All data is pulled directly from SEC EDGAR filings and reflects what companies themselves disclosed to shareholders; it is not estimated, imputed, or projected.

Companies in Apparel & Accessory Stores (17)

Companies in Apparel & Accessory Stores with CEO pay ratio, CEO total compensation, median worker pay, and fiscal year — sourced from SEC EDGAR DEF 14A.
Company CEO CEO Pay Median Worker Pay Ratio FY
ABERCROMBIE & FITCH CO /DE/SEC EDGAR DEF 14A — CIK 1018840 6,076:1 2023
ROSS STORES, INC.SEC EDGAR DEF 14A — CIK 745732 $18.1M $9K 2,100:1 2023
AMERICAN EAGLE OUTFITTERS INCSEC EDGAR DEF 14A — CIK 919012 $16.8M $9K 1,929:1 2023
TJX COMPANIES INC /DE/SEC EDGAR DEF 14A — CIK 109198 1,496:1 2023
CHICO'S FAS, INC.SEC EDGAR DEF 14A — CIK 897429 $7.6M $8K 964:1 2022
Victoria's Secret & Co.SEC EDGAR DEF 14A — CIK 1856437 $10.9M $15K 739:1 2023
FOOT LOCKER, INC.SEC EDGAR DEF 14A — CIK 850209 729:1 2023
GENESCO INCSEC EDGAR DEF 14A — CIK 18498 $4.2M $7K 626:1 2023
Boot Barn Holdings, Inc.SEC EDGAR DEF 14A — CIK 1610250 $7.0M $13K 522:1 2023
SHOE CARNIVAL INCSEC EDGAR DEF 14A — CIK 895447 $3.4M $19K 182:1 2023
LANDS' END, INC.SEC EDGAR DEF 14A — CIK 799288 $4.6M $30K 153:1 2023
NORDSTROM INCSEC EDGAR DEF 14A — CIK 72333 $4.5M $36K 127:1 2023
DESTINATION XL GROUP, INC.SEC EDGAR DEF 14A — CIK 813298 $6.0M $50K 119:1 2023
Zumiez IncSEC EDGAR DEF 14A — CIK 1318008 $745K $10K 77:1 2023
URBAN OUTFITTERS INCSEC EDGAR DEF 14A — CIK 912615 $1.0M $14K 72:1 2023
Citi Trends IncSEC EDGAR DEF 14A — CIK 1318484 $1.8M $25K 70:1 2023
BUCKLE INCSEC EDGAR DEF 14A — CIK 885245 2:1 2023
Data Source: This data is sourced from SEC EDGAR proxy statement (DEF 14A) filings. PlainCEOPay provides this publicly available information for informational purposes only. Not investment or financial advice. Verify with SEC EDGAR →

Frequently Asked Questions

What's the typical pay ratio in Apparel & Accessory Stores?
The median CEO pay ratio in Apparel & Accessory Stores is 352:1, meaning the typical CEO earns 352 times more than the median employee. The average across 16 companies is 939:1.
How much do Apparel & Accessory Stores CEOs earn?
Median CEO compensation in Apparel & Accessory Stores is $4.6M, with an average of $6.6M. The 25th percentile CEO earns around $3.0M and the 75th percentile around $8.0M.
How many companies report CEO pay in Apparel & Accessory Stores?
16 companies in the Apparel & Accessory Stores sector (SIC code 56) filed CEO-to-worker pay ratio disclosures with the SEC in FY2023, as required by the Dodd-Frank Wall Street Reform Act.
Where does this Apparel & Accessory Stores pay data come from?
All executive compensation data is sourced from SEC EDGAR DEF 14A proxy statement filings. The Dodd-Frank Act requires publicly traded companies to disclose CEO-to-median-worker pay ratios annually. PlainCEOPay aggregates and benchmarks this data by 2-digit SIC industry code.
Why is the average pay ratio much higher than the median in Apparel & Accessory Stores?
The average pay ratio of 939:1 is significantly higher than the median of 352:1 because a few companies with extremely high CEO pay pull the average up. The median is a more representative measure of the typical company in this industry.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainCEOPay Editorial