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Exhibit 11
BED BATH & BEYOND INC. AND SUBSIDIARIES
COMPUTATION OF PER SHARE EARNINGS
THREE MONTHS ENDED NINE MONTHS ENDED
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November 24, November 26, November 24, November 26,
1996 1995 1996 1995
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Weighted average number of shares outstanding 68,471,672 67,920,708 68,363,010 67,836,834
Dilutive effect of common equivalent shares
(stock options) outstanding 2,191,986 1,624,498 2,157,368 1,380,342
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Weighted average number of shares and dilutive common
equivalent shares (stock options) outstanding 70,663,658 69,545,206 70,520,378 69,217,176
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Net earnings $13,880,000 $10,006,000 $36,699,000 $26,641,000
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Net earnings per share $ 0.20 $ 0.14 $ 0.52 $ 0.38
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