UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
Charlotte Russe Holding, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
161048103
---------
(CUSIP Number)
December 31, 2005
-----------------
(Date of Event which Requires Filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 9
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CUSIP No. 161048103 13G Page 2 of 9 Pages
-------------------------- --------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
S.A.C. Capital Advisors, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------- ----- ---------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED ----- ---------------------------------------------------
BY 6 SHARED VOTING POWER
EACH
REPORTING 795,876 (see Item 4)
PERSON ----- ---------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
----- ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
795,876 (see Item 4)
---------- --------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
795,876 (see Item 4)
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.5% (see Item 4)
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12 TYPE OF REPORTING PERSON*
00
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*SEE INSTRUCTION BEFORE FILLING OUT
Page 2 of 9
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CUSIP No. 161048103 13G Page 3 of 9 Pages
-------------------------- --------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
S.A.C. Capital Management, LLC
---------- --------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
---------- ---------------------------------------------------------------------
3 SEC USE ONLY
---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------- ------ ---------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED ------ ---------------------------------------------------
BY 6 SHARED VOTING POWER
EACH
REPORTING 795,876 (see Item 4)
PERSON ------ ---------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
------ ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
795,876 (see Item 4)
---------- --------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
795,876 (see Item 4)
---------- --------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
---------- --------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
3.5% (see Item 4)
---------- --------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
00
---------- --------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT
Page 3 of 9
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CUSIP No. 161048103 13G Page 4 of 9 Pages
-------------------------- --------------------
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Sigma Capital Management, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
---------- --------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
-------------------- ------ ---------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED
BY
EACH
REPORTING
PERSON
WITH
------ ---------------------------------------------------
6 SHARED VOTING POWER
100,000 (see Item 4)
------ ---------------------------------------------------
7 SOLE DISPOSITIVE POWER
0
------ ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
100,000 (see Item 4)
---------- --------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
100,000 (see Item 4)
---------- --------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
---------- --------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4% (see Item 4)
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12 TYPE OF REPORTING PERSON*
00
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*SEE INSTRUCTION BEFORE FILLING OUT
Page 4 of 9
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CUSIP No. 161048103 13G Page 5 of 9 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven A. Cohen
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-------------------- ------ ---------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 0
OWNED ------ ---------------------------------------------------
BY 6 SHARED VOTING POWER
EACH
REPORTING 895,876 (see Item 4)
PERSON ------ ---------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0
------ ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
895,876 (see Item 4)
---------- --------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
895,876 (see Item 4)
---------- --------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
|_|
---------- --------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.0 % (see Item 4)
---------- --------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
---------- --------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT
Page 5 of 9
ITEM 1(A) NAME OF ISSUER:
Charlotte Russe Holding, Inc.
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
4645 Morena Boulevard
San Diego, CA 92117
ITEMS 2(A) NAME OF PERSON FILING:
This statement is filed by: (i) S.A.C. Capital
Advisors, LLC, ("SAC Capital Advisors") with respect
to shares of common stock ("Shares") of the Issuer
beneficially owned by S.A.C. Capital Associates, LLC
("SAC Capital Associates") and S.A.C. MultiQuant
Fund, LLC ("SAC MultiQuant"); (ii) S.A.C. Capital
Management, LLC, ("SAC Capital Management") with
respect to Shares beneficially owned by SAC Capital
Associates and SAC MultiQuant; (iii) Sigma Capital
Management, LLC ("Sigma Capital Management") with
respect to Shares beneficially owned by Sigma Capital
Associates, LLC ("Sigma Capital Associates"); and
(iv) Steven A. Cohen with respect to Shares
beneficially owned by SAC Capital Advisors, SAC
Capital Management, SAC Capital Associates, SAC
MultiQuant, Sigma Capital Management and Sigma
Capital Associates.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
The address of the principal business office of (i)
SAC Capital Advisors and Mr. Cohen is 72 Cummings
Point Road, Stamford, Connecticut 06902 and (ii) SAC
Capital Management and Sigma Capital Management is
540 Madison Avenue, New York, New York 10022.
ITEM 2(C) CITIZENSHIP:
SAC Capital Advisors, SAC Capital Management and
Sigma Capital Management are Delaware limited
liability companies. Mr. Cohen is a United States
citizen.
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(E) CUSIP NUMBER:
161048103
ITEM 3 Not Applicable
Page 6 of 9
ITEM 4 OWNERSHIP:
The percentages used herein are calculated based upon
the Shares issued and outstanding as of December 1,
2005, as reported on the Issuer's annual report on
Form 10-K filed with the Securities and Exchange
Commission by the Issuer for the fiscal year ended
September 24, 2005.
As of the close of business on December 30, 2005:
1. S.A.C. Capital Advisors, LLC
(a) Amount beneficially owned: 795,876
(b) Percent of class: 3.5%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 795,876
(iii) Sole power to dispose or direct the
disposition: -0-
(iv) Shared power to dispose or direct the
disposition: 795,876
2. S.A.C. Capital Management, LLC
(a) Amount beneficially owned: 795,876
(b) Percent of class: 3.5%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 795,876
(iii) Sole power to dispose or direct the
disposition: -0-
(iv) Shared power to dispose or direct the
disposition: 795,876
3. Sigma Capital Management, LLC
(a) Amount beneficially owned: 100,000
(b) Percent of class: 0.4%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 100,000
(iii) Sole power to dispose or direct the
disposition: -0-
(iv) Shared power to dispose or direct the
disposition: 100,000
4. Steven A. Cohen
(a) Amount beneficially owned: 895,876
(b) Percent of class: 4.0%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 895,876
(iii) Sole power to dispose or direct the
disposition: -0-
(iv) Shared power to dispose or direct the
disposition: 895,876
SAC Capital Advisors, SAC Capital Management and Mr.
Cohen own directly no Shares or securities
convertible into Shares. Pursuant to investment
agreements, each of SAC Capital Advisors and SAC
Capital Management share all investment and voting
power with respect to the securities held by SAC
Capital Associates and SAC MultiQuant. Pursuant to an
investment management agreement, Sigma Capital
Management maintains investment and voting power with
respect to the securities held by Sigma Capital
Associates. Mr. Cohen controls each of SAC Capital
Advisors, SAC Capital Management and Sigma Capital
Management. By reason of the provisions of Rule 13d-3
of the Securities Exchange Act of 1934, as amended,
each of (i) SAC Advisors, SAC Management and Mr.
Cohen may be deemed to own beneficially 795,876
(constituting approximately 3.5% of the Shares
outstanding) and (ii) Sigma Capital Management and
Mr. Cohen may be deemed to own beneficially 100,000
Shares (constituting approximately 0.4% of the Shares
outstanding). Each of SAC Capital Advisors, SAC
Capital Management, Sigma Capital Management and Mr.
Cohen disclaim beneficial ownership of any of the
securities covered by this statement.
Page 7 of 9
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact
that as of the date hereof the reporting person has
ceased to be the beneficial owner of more than five
percent of the class of securities, check the
following. [X]
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF
OF ANOTHER PERSON:
Not Applicable
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE
SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING
REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS
OF THE GROUP:
Not Applicable
ITEM 9 NOTICE OF DISSOLUTION OF GROUP:
Not Applicable
ITEM 10 CERTIFICATION:
By signing below the signatory certifies that, to the best of his
knowledge and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that purpose or
effect.
Page 8 of 9
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Dated: February 14, 2006
S.A.C. CAPITAL ADVISORS, LLC
By: /s/ Peter Nussbaum
-----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person
S.A.C. CAPITAL MANAGEMENT, LLC
By: /s/ Peter Nussbaum
-----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person
SIGMA CAPITAL MANAGEMENT, LLC
By: /s/ Peter Nussbaum
-----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person
STEVEN A. COHEN
By: /s/ Peter Nussbaum
-----------------------------------------
Name: Peter Nussbaum
Title: Authorized Person
Page 9 of 9