1 Exhibit 11 BED BATH & BEYOND INC. AND SUBSIDIARIES COMPUTATION OF PER SHARE EARNINGS 52 WEEKS ENDED 52 WEEKS ENDED FEBRUARY 25, 1996 FEBRUARY 26, 1995 ----------------- ----------------- Weighted average number of shares outstanding 67,879,779 67,679,536 Dilutive effect of common equivalent shares (stock options) outstanding 1,532,391 1,459,230 ----------- ----------- Weighted average number of shares and dilutive common equivalent shares (stock options) outstanding 69,412,170 69,138,766 =========== =========== Net earnings $39,459,000 $30,013,000 =========== =========== Net earnings per share $ .57 $ .43 =========== ===========