Exhibit 11 COUNTY SEAT STORES, INC. COMPUTATION OF EARNINGS PER SHARE (AMOUNTS IN THOUSANDS EXCEPT PER SHARE AMOUNTS) 13 Weeks 39 Weeks Ended Ended October 31 October 31 1998 1998 ---------- ---------- BASIC and DILUTED: Net loss $ (12,694) $ (40,492) ========== ========== Weighted average shares outstanding 20,000 20,000 ========== ========== Loss per common share, basic and diluted $ (0.63) $ (2.02) ========== ==========