1 EXHIBIT 11 EARNINGS PER SHARE 2 EXHIBIT 11.1 DIY HOME WAREHOUSE, INC. FORM 10-Q COMPUTATION OF EARNINGS PER COMMON SHARE (Unaudited) Three Months Ended March 29, March 30, 1997 1996 ---- ---- Loss applicable to common shares $(89,616) $(108,791) ========= ========== Weighted average common shares outstanding for the period 7,633,719 7,625,000 Dilutive effect of exercise of stock options -- -- --------- --------- Weighted average common shares, assuming issuance of the above securities 7,633,719 7,625,000 ========= ========= Earnings per common share: Primary $(0.01) $(0.01) Fully diluted $(0.01) $(0.01)