Pepsico Inc. profit jumped 64% in the...

Pepsico Inc. profit jumped 64% in the first quarter. The company cited robust growth in soft-drink and restaurant volume, continued strength in snack foods and a lower tax rate. The company, which is based in Purchase, N.Y., said its profit rose to $113.3 million as sales climbed 13.2% to $2.57 billion. The latest results included a one-time charge of $14.5 million before taxes for the reorganization of the domestic soft-drink business.