<ARTICLE> 5 <LEGEND> EXHIBIT 27 -- THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM PAYLESS SHOESOURCE, INC. CONDENSED CONSOLIDATED STATEMENT OF EARNINGS FOR THE 26 WEEKS ENDED JULY 31, 1999, AND CONDENSED CONSOLIDATED BALANCE SHEET AS OF JULY 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0001060232 <NAME> Payless Shoesource, Inc. <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> JAN-29-2000 <PERIOD-START> JAN-31-1999 <PERIOD-END> JUL-31-1999 <CASH> 205,300<F1> <SECURITIES> 0<F2> <RECEIVABLES> 8,200<F3> <ALLOWANCES> 0<F3> <INVENTORY> 348,200 <CURRENT-ASSETS> 586,900 <PP&E> 940,600 <DEPRECIATION> 449,300 <TOTAL-ASSETS> 1,113,300 <CURRENT-LIABILITIES> 209,700 <BONDS> 126,700<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 300 <OTHER-SE> 727,600<F5> <TOTAL-LIABILITY-AND-EQUITY> 1,113,300 <SALES> 1,456,800<F6> <TOTAL-REVENUES> 1,456,800 <CGS> 982,800 <TOTAL-COSTS> 982,800 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 200 <INCOME-PRETAX> 144,100 <INCOME-TAX> 57,500 <INCOME-CONTINUING> 86,600 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 86,600 <EPS-BASIC> 2.71<F7> <EPS-DILUTED> 2.70<F7> <FN> <F1>Includes cash equivalent securities. <F2>Any "securities" are shown under "Cash". <F3>Receivables are net after deduction of allowances. <F4>Consists of Capital Lease Obligations plus Long-Term Debt. <F5>Reflects Retained Earnings and Additional Paid In Capital. <F6>Reflects net sales. <F7>Expressed in dollars. </FN>