Pillsbury Co.’s first-quarter profit grew 26% to...

Pillsbury Co.’s first-quarter profit grew 26% to $71.4 million from a year ago. Sales of the Minneapolis food product maker and restaurant operator rose 2% to $1.48 billion. The company attributed the results to a one-time $14-million benefit from a change in accounting for income taxes, improved results in its foods business and a decline in corporate and interest expense because of restructuring efforts.