Costco Has Earned Investors’ Trust

By Anonymous

Retailer reports weakness in its internal controls but years of solid management and growth should give shareholders comfort

It has been a good year at Costco Wholesale Corp.

The stock is up more than 27%, outperforming both the broader market and the retail sector. Last month, shares hit a record following the release of Costco’s August sales figures.

That raised expectations for the company’s fourth-quarter earnings report on Thursday. Those expectations were...