EXHIBIT 11

             INTERNATIONAL MULTIFOODS CORPORATION AND SUBSIDIARIES

                Computation of Earnings (Loss) per Common Share
                                   (unaudited)

                    (in thousands, except per share amounts)






                                     THREE MONTHS ENDED      NINE MONTHS ENDED
                                     ------------------     -------------------
                                     Nov. 25,   Nov. 30,     Nov. 25,   Nov. 30,
                                        2000       1999         2000       1999
- -------------------------------------------------------------------------------

                                                           
Average shares of
   common stock outstanding           18,740     18,760       18,739     18,755
Dilutive potential common shares         143         49           97         78
- -------------------------------------------------------------------------------
Total adjusted average shares         18,883     18,809       18,836     18,833
===============================================================================

Earnings from continuing operations   $8,503     $8,129      $18,532   $ 17,782
Loss from discontinued operations          -          -            -    (19,560)
- -------------------------------------------------------------------------------
Net earnings (loss) applicable
   to common stock                    $8,503     $8,129      $18,532   $ (1,778)
===============================================================================

Basic earnings (loss) per share:
   Continuing operations              $  .45     $  .43      $   .99   $    .95
   Discontinued operations                 -          -            -      (1.04)
- -------------------------------------------------------------------------------
     Total                            $  .45     $  .43      $   .99   $   (.09)
===============================================================================

Diluted earnings (loss) per share:
   Continuing operations              $  .45     $  .43      $   .98   $    .94
   Discontinued operations                 -          -            -      (1.03)
- -------------------------------------------------------------------------------
     Total                            $  .45     $  .43      $   .98   $   (.09)
===============================================================================




Basic earnings (loss) per share are computed by dividing net earnings (loss) by
the weighted average number of shares of common stock outstanding during the
period.

Diluted earnings per share are computed similar to basic earnings per share
except that the weighted average shares outstanding are increased to include
additional shares from the assumed exercise of stock options, if dilutive. The
number of additional shares is calculated by assuming that outstanding stock
options were exercised and the proceeds from such exercises were used to acquire
shares of common stock at the average market price during the period.