1 EXHIBIT 11 GENERAL HOST CORPORATION COMPUTATION OF EARNINGS PER SHARE (UNAUDITED) (In thousands, except per share amounts) Twelve Weeks Ended Twenty-Eight Weeks Ended ----------------------- ------------------------ August 14, August 15, August 14, August 15, 1994 1993 1994 1993 ---------- ---------- ------------ ---------- Earnings: Net income (loss) $ (3,373) $ (8,552) $ 6,058 $ (1,976) ========= ========= ========= ========= Shares used for calculating primary earnings per share: Average common shares outstanding 21,101 21,017 21,071 20,423 ========= ========= ========= ========= Additional shares resulting from assumed exercise of stock options 0 8 0 14 --------- --------- --------- --------- Weighted average number of common shares outstanding, as adjusted 21,101 21,025 21,071 20,437 ========= ========= ========= ========= Net income (loss) per share $ (.16) $ (.41) $ .29 $ (.10) ========= ========= ========= ========= Note: This calculation is submitted in accordance with Securities Exchange Act of 1934 Release No. 9083.