1 Exhibit 11 STATER BROS. HOLDINGS INC. Calculation of Earnings Per Common Share (Unaudited) (In thousands, except number of shares and per share amounts) 13 Weeks Ended 39 Weeks Ended ----------------- ------------------ June 23, June 29, June 23, June 29, 1996 1997 1996 1997 ------ ------ ------- ------- Net income $4,385 $4,078 $12,323 $12,627 Less preferred dividends 1,816 1,816 2,155 5,448 ------ ------ ------- ------- Net income available to common shareholders $2,569 $2,262 $10,168 $ 7,179 ====== ====== ======= ======= Earnings per common share $51.38 $45.24 $126.75 $143.58 ====== ====== ======= ======= Average common shares outstanding 50,000 50,000 80,220 50,000 ====== ====== ======= ======= Common shares outstanding at end of period 50,000 50,000 50,000 50,000 ====== ====== ======= ======= 25