SCHEDULE: Sycamore Partners Affirms Majority Stake in Torrid Holdings Inc.
Beneficial Ownership Report
Sycamore Partners and its affiliates, including Stefan L. Kaluzny, report continued beneficial ownership of 58.86% of Torrid Holdings Inc.'s common stock, totaling 58,295,694 shares.
Summary
- Sycamore Partners Torrid, L.L.C., along with other Sycamore Entities and Stefan L. Kaluzny, are the reporting persons for this beneficial ownership statement.
- The reporting persons collectively beneficially own 58,295,694 shares of Torrid Holdings Inc. Common Stock.
- This ownership represents approximately 58.86% of the total 99,041,174 shares of Common Stock issued and outstanding.
- The calculation of percentage ownership is based on the Issuer's Form 424(b)(7) prospectus supplement, dated June 24, 2025, filed with the SEC on June 25, 2025.
- Stefan L. Kaluzny directly or indirectly controls the general partners or managing members of the Sycamore Entities.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership, confirming a stable, significant stake held by Sycamore Partners. It does not contain operational or financial performance data to indicate positive or negative sentiment regarding the company's prospects.
Positives
- Sycamore Partners, a significant institutional investor with expertise in the retail sector, maintains a substantial majority stake, indicating continued commitment to Torrid Holdings Inc. and potentially providing strategic stability.
Negatives
- No specific negative information is disclosed in this beneficial ownership report.
Risks
- No specific risks are detailed in this beneficial ownership report.
Future Outlook
NA
Industry Context
Torrid Holdings Inc. operates in the retail apparel sector, specializing in plus-size fashion. Sycamore Partners is a private equity firm with a strong focus on retail investments. This filing confirms the continued significant ownership by Sycamore Partners, indicating a stable controlling shareholder structure for Torrid Holdings Inc. within the broader retail industry.
Stakeholder Impact
- Shareholders: The continued significant beneficial ownership by Sycamore Partners, representing 58.86% of outstanding shares, indicates a stable controlling shareholder, which may influence long-term strategic decisions and corporate governance.
Key Dates
| Date | Description |
|---|---|
| 06/24/2025 | Date of Issuer's Form 424(b)(7) prospectus supplement. |
| 06/25/2025 | Date Issuer's Form 424(b)(7) prospectus supplement was filed with the U.S. Securities and Exchange Commission. |
| 06/30/2025 | Date of event which requires filing of this statement. |
| 07/31/2025 | Date of filing of this Schedule 13G Amendment No. 2. |
Keywords
Torrid Holdings Inc., Sycamore Partners, beneficial ownership, Schedule 13G, common stock, institutional investor, retail, apparel
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