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Keurig Dr Pepper net income nearly doubles

Keurig Dr Pepper Inc. said Thursday its fourth-quarter net income rose to $843 million, or 59 cents a share, from $428 million, or 30 cents a share, in the year-ago quarter. The drink company’s adjusted earnings rose to 45 cents a share from 39 cents a share. Sales increased by 8.7% to $3.39 billion. Analysts expected the Burlington, Mass. company to earn 45 cents a share on sales of $3.3 billion, according to a FactSet survey. Looking ahead, Keurig Dr Pepper said it sees a challenging environme