Victoria's Secret & Co. (Victoria's Secret (VSCO)) had a very good Valentine's Day. The lingerie retailer reported first-quarter fiscal 2026 results Thursday that blew past Wall Street expectations, sending shares up 39%.

The company posted adjusted earnings of 60 cents per share, crushing the analyst consensus of 30 cents. Revenue jumped 15% year over year to $1.56 billion, ahead of the $1.52 billion estimate. Comparable sales climbed 13%, with strength across all segments.

North America store sales rose 11.3% to $802.8 million, direct sales increased 8.4% to $469.4 million, and international sales surged 44.9% to $287.4 million.

CEO Hillary Super credited the Valentine's Day shopping period, calling it one of the company's biggest moments of the quarter. "Victoria's Secret, PINK and Beauty each delivered double-digit sales growth and generated positive comparable sales across key gifting categories," she said on the earnings call.

Profitability also improved sharply. Operating income rose to $76 million from $20 million a year ago, as stronger sales and better execution boosted the bottom line.

Victoria's Secret also repurchased 2.2 million shares for $100 million during the quarter under its buyback program, which still has $150 million remaining.

Looking ahead, the company raised its second-quarter sales forecast to $1.59 billion to $1.615 billion, above the $1.562 billion consensus. For the full fiscal year, it now expects sales of $7.03 billion to $7.13 billion, up from its prior range of $6.85 billion to $6.95 billion and above the $6.99 billion analyst estimate.

Management noted it expects about $15 million in tariff-related headwinds in the second quarter.

Shares of Victoria's Secret were trading up 39.02% at $75.49 at the time of publication.