date:Jul 25, 2014
Dunkin' Brands Group Inc DNKN.O cut its 2014 outlook on Thursday as its U.S. doughnut shops battled fast-food rivals like McDonald's Corp MCD.N and high milk prices softened profits from its international Baskin-Robbins ice cream business.
Shares of the company, which also reported disappointing second-quarter sales at its established U.S. Dunkin' Donuts franchises, dropped nearly 5 percent in morning trading.
The company also cited weakness in its Baskin-Robbins joint venture in Japan for the