Exhibit 11

                        COMPUTATION OF EARNINGS PER SHARE

                 PULASKI FURNITURE CORPORATION AND SUBSIDIARIES




                                                               Year Ended

                                           Oct. 29, 1995      Oct. 30, 1994      Oct. 31, 1993
                                                                           
PRIMARY

Average shares outstanding                     2,841,426          2,853,711          2,818,094

Dilutive stock options - based on treasury
stock method using average market prices           8,255             24,150             22,153

Dilutive shares under Salaried Employer
Stock Purchase Plan - based on average
shares issuable                                   13,447             10,801             11,372
                                              ----------         ----------         ----------
TOTAL                                          2,863,128          2,888,662          2,851,619


Income before cumulative effect of
accounting change                             $4,475,171         $2,772,402         $4,352,176

Cumulative effect of accounting change                              396,092
                                              ----------         ----------         ----------
Net income                                    $4,475,171         $3,168,494         $4,352,176
                                              ----------         ----------         ----------

Income per share before cumulative effect
of accounting change                               $1.56              $0.96               1.53

Cumulative effect of accounting change                                 0.14
                                              ----------         ----------         ----------
Net Income per share                               $1.56              $1.10              $1.53


FULLY DILUTED

Average shares outstanding                     2,841,426          2,853,711          2,818,094

Dilutive stock options - based on treasury
stock method using year-end market value or
average market price if average is greater         8,255             24,150             22,153

Dilutive shares under Salaried Employee
Stock Purchase Plan - based on average
shares issuable                                   13,447             10,801             11,372
                                              ----------         ----------         ----------
TOTAL                                          2,863,128          2,888,662         $2,851,619

Income before cumulative effect
of accounting change                          $4,475,171         $2,772,402         $4,352,176

Cumulative effect of accounting change                              396,092
                                              ----------         ----------         ----------
Net income                                    $4,475,171         $3,168,494         $4,352,176

Income per share before cumulative
effect of accounting change                        $1.56              $0.96              $1.53

Cumulative effect of accounting change                                 0.14
                                              ----------         ----------         ----------

Net income per share                               $1.56              $1.10              $1.53
                                              ----------         ----------         ----------