Wella files for NYSE IPO after swinging back to profit

Wella Company, owner of brands including Wella Professionals, OPI, Clairol and ghd, filed for a U.S. initial public offering to list on the New York Stock Exchange under the ticker WELA, with no disclosed price range or share count. The move comes as the company reports continued revenue growth and a return to profitability, with net revenue near $2.9 billion for the year ending June 30, 2026, and a swing to profit from the prior year. Backed by private equity firm KKR since 2020, Wella operates in more than 100 countries with over 6,000 employees and preserves a strong professional-first model supported by a large R&D footprint and a growing patented portfolio. The Beauty Tech segment, via ghd, complements the core hair and nail lines, underscoring a diversified portfolio across professional and consumer channels. Goldman Sachs, BofA Securities, KKR, and J.P. Morgan are among the underwriters preparing the IPO, highlighting the deal’s high-profile backing. The listing signals Wella’s intent to capitalize on a global beauty market and the strength of its professional salon relationships as it expands its consumer and tech-enabled offerings.