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The Company's licensees and distributors operated 721 additional retail stores worldwide.
And Subsidiaries Condensed Consolidated Statements of Income (Loss) (amounts in thousands, except per share data) Three Months Ended Nine Months Ended October 28, 2017 October 29, 2016 October 28, 2017 October 29, Product sales 528,209.3 512,553.6 1,518,323.7 1,462,029.6 Net royalties 25,929.The dividend will be payable on January 3, 2018 to shareholders of record at the close of business on December 13, 2017.And Subsidiaries Constant Currency Financial Measures (dollars in thousands) Three Months Ended October 28, 2017 October 29, 2016 change As Reported Foreign Currency Impact Constant Currency As Reported As Reported Constant Currency Net revenue: Americas Retail 187,021 (2,074 ) 184,947 215,862 (13) (14) Europe1 221,230.Excluding the impact of the asset impairment charges, operating margin for the Company's Americas Retail segment reduction pour aquarium de lyon decreased by 800 basis points compared to the same prior-year quarter.Dollars and 5 in constant currency.The results for the nine months ended October 29, 2016 have been adjusted to show the impact of the net gains on lease terminations for comparative purposes to same current-year period results.Stockholders equity 926,341 969,222 998,216 Total Liabilities and Stockholders Equity 1,553,512 1,534,485 1,579,763 Guess?, Inc.Americas Retail revenues decreased.9.S.Three Months Ended April 29, 2017 April 30, 2016 Reported gaap loss from operations (25,519) (28,978) Asset impairment charges1 2,762 153 Restructuring charges2 6,083 Adjusted loss from operations (22,757) (22,742) Reported gaap net loss attributable to Guess?, Inc.Guess has flagstores in more than 80 countries all over the world symbolizing a young, sexy and adventurous style.These rate fluctuations can have a significant effect on reported operating results under gaap.Asia revenues increased.0.S.6 Represents the estimated translational and transactional gains (losses) of foreign currency rate fluctuations within operating margin and EPS measures presented.Dollars and.0 in constant currency.Gaap operating loss for the third quarter of fiscal 2018 was.0 million (including.2 million favorable currency translation impact compared to gaap operating earnings.1 million in the prior-year quarter.Operating margin for the Company's Americas Wholesale segment increased 90 basis points.5 in the first quarter of fiscal 2018, compared.6 in the prior-year quarter, due to higher gross margins.
The adjusted results for the three and nine months ended October 29, 2016 reflect the exclusion of a gain on sale of a minority concours de lecture cm1 interest investment, net gains on lease terminations, restructuring charges, a restructuring related exit tax charge, asset impairment charges and the tax.

6 As a result of the global cost reduction and restructuring plan, the Company incurred an estimated exit tax charge related to its reorganization in Europe during the nine months ended October 29, 2016.Dollars increase between.0 and.0 increase between.0 and.5 Consolidated net revenue in constant currency3 increase between.0 and.0 increase between.0 and.5 Estimated impact of extraweek on consolidated net revenue increase.0 increase.0 gaap operating margin4.0.Fragrance experts such as Honorine Blanc, Claudette Belnavis, Steve Demercado, Anotine Lie, Francis Kurkdijan, Guillaume Flavigny, Pierre Negrin, Ellen Molner and Bernard Ellena work with Guess on creating the most delicious fragrances possible. .Gaap operating loss for the first nine months of fiscal 2018 was.2 million (including.9 million favorable currency translation impact compared to gaap operating earnings.7 million in the prior-year period.As of October 28, 2017, the Company directly operated 982 retail stores in the Americas, Europe and Asia.5 The adjusted operating margin and adjusted EPS guidance for the fiscal year 2018 reflect the exclusion of net losses on lease terminations, asset impairment charges and the related tax impacts incurred during the first nine months of fiscal 2018.
Licensing revenues decreased.3.S.

In constant currency, net revenue increased.6.
Dollars and 4 in constant currency.