NEW YORK (TheStreet) -- Shares of Urban Outfitters are up 1.21% to $39.36 in afternoon trading Monday, ahead of the specialty retailer's fourth quarter earnings release after the market closes today. Analysts are expecting earnings of 58 cents per share for the period, a penny lower compared to the 59 cents the company reported in the year ago quarter. Revenue is expected to come in at $1.01 billion, up from the year ago $905.86 million in sales Urban Outfitters posted. On February 9, the company reported that fourth quarter comparable store sales rose 6% at its retail segment. However, the company has seen a consistent decline in U.S. foot traffic as buyers increasingly prefer the convenience and cost savings of online shopping. This is a negative for Urban Outfitters, which depends on sales in brick and mortar locations. The retailer has upped its e-commerce efforts, but online sales have slimmer profit margins. Urban Outfitters is a Philadelphia-based lifestyle specialty retail company, operating under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands known for a range of eclectic merchandise. The company sells women's and men's fashion apparel, footwear and accessories as well as a mix of apartment wares and gifts. URBN data by YCharts
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