McDonald's Corp reported a higher quarterly profit on Thursday as the world's largest restaurant company appeared to put more distance between itself and many smaller U.S. restaurant chains.

First-quarter net income rose 10.9 percent to $1.21 billion, or $1.15 per share, from $1.09 billion, or $1 per share, a year earlier.

(Reporting by Phil Wahba and Lisa Baertlein; Editing by Maureen Bavdek)