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Fossil is getting creamed after missing big on earnings (FOSL)

Fossil stock is at its lowest level since 2009.

Fossil's stock is getting hammered on Wednesday, down more than 22% after reporting another disappointing quarter.

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The watchmaker reported a loss of $0.65 per share on sales of $581.8 million. According to Reuters, analysts were expecting a loss of $0.34 a share on revenue of $591 million.

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