Exhibit 11 COUNTY SEAT STORES, INC. COMPUTATION OF EARNINGS PER SHARE (AMOUNTS IN THOUSANDS EXCEPT PER SHARE AMOUNTS) 13 Weeks 26 Weeks Ended Ended August 1, August 1, 1998 1998 ----------- ----------- BASIC and DILUTED: Net loss $ (15,033) $ (27,797) =========== =========== Weighted average shares outstanding 20,000 20,000 =========== =========== Loss per common share, basic and diluted $ (0.75) $ (1.39) =========== ===========