1440 ET [Dow Jones]--After releasing updates across its portfolio in the last few months, Wix.com's product offerings appear increasingly likely to improve customer conversion, retention and monetization over time, Baird analysts said in a research note. In addition to the latest features, including an AI visual design platform and an AI assistant, the company seems to have more on the horizon for later this year and beyond, the analysts said. Such drivers, as well as strong first-quarter results, add more credibility to the company's full-year outlook, which guides for sales growth of 12% to 14%, the analysts said. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
May 23, 2025 14:42 ET (18:42 GMT)
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