An eccentric New York theatre owner has his eye on the beautiful chorus girl Sheila Winthrop (Rita Hayworth). His wife has her eye on him. Sheila has her eye on the show's choreographer Robert Curtis (Fred Astaire). Having been discovered, the boss throws Robert into the middle of a comedic cover-up that eventually forces Robert to flee into the army. Robert will never get rich as a private, but at least he's out of his predicament... or is he?