Box Office Report :: May 12-14

Warner Bros. Pictures

It’s no surprise that Guardians of the Galaxy Vol. 2 remained at the top of the box office charts this weekend, and it’s not really a surprise that it saw a 55.5% drop from its massive opening weekend, finishing its second weekend of release with $65.2 million. That brings its domestic total up to $248.4 million. Add in the estimated $52.2 million from foreign markets and the movie now has a worldwide gross of $632.2 million dollars.

The real weekend showdown came with films skewing to two completely different audiences. For the action flick fans, Warner Bros. unleashed King Arthur: Legend of the Sword and 20th Century Fox played up the Mother’s Day weekend with the Amy Schumer/Goldie Hawn starrer Snatched. There were a lot of mothers and daughters taking in the comedy, helping it earn $19.5 million, good for the Number 2 spot. King Arthur had to settle for third with $15.3 million. The good news for Fox is that Snatched only cost about $42 million while King Arthur is looking to wrack up a loss with its $175 million budget. In foreign territories, it earned just under $30 for a global total of just under $45 million.

But even with the two new releases stateside, all eyes were on Alien: Covenant which opened in 34 international markets before its May 19 domestic release. The sequel/prequel did fairly well, opening at Number 1 in 19 markets including South Korea, the UK, France, Australia, Spain and Hong Kong, earning $42 million. The South Korea performance was nearly 53% better than that of Prometheus, and it did 17% better in Hong Kong. Everywhere else is was significantly down ranging from 80% in Australia to 25% in Mexico. The film will open on more than 3,600 North American screens this week and in 52 additional foreign markets including Germany, Russia and Spain.

With a surprising June 6 home video release on the horizon, Disney’s Beauty and the Beast is still performing well in theaters, retaining the Number 5 spot with $4.8 million, just 5.5% off from last week’s earnings. Worldwide, the film has crossed the $1.2 billion mark. Dropping out of the Top Ten this week were Gifted (11), Smurfs: The Lost Village (12) and Going In Style (13), all in their sixth week of release. Going In Style has fared the best, earning a domestic total of $42.3 million against a $25 million budget.

The coming weekend of May 19 may see a little competition for Guardians with the release of Alien: Covenant. Also vying for spots in the Top Ten will be Diary of a Wimpy Kid: The Long Haul and Everything, Everything.

Below are the Top Ten grosses for the weekend of May 12.

1. [1] –2Guardians of the Galaxy Vol. 2 – $65,263,492 [$248,420,911] – ★★★

2. [N] –1Snatched – $19,542,248 [NEW] – ★★✩

3. [N] –1King Arthur: Legend of the Sword – $19,542,248 [NEW] – ★★✩

4. [2] –5The Fate of the Furious – $5,400,845 [$215,134,77]

5. [5] –9Beauty and the Beast – $4,809,170 [$494,140,334] – ★★★

6. [3] –7The Boss Baby – $4,496,614 [$162,275,884] – ★★★

7. [4] –3How to be a Latin Lover – $3,858,898 [$26,251,899]

8. [N] –1Lowriders – $2,403,885 [NEW]

9. [6] –3The Circle – $1,780,689 [$18,943,251]

10. [7] –3Baahubali 2: The Conclusion – $1,593,000 [$18,977,072]

[#] Last week’s position. [N] New in theaters. – # – Weeks in theaters. HOTCHKA review  |  Source: Box Office Mojo

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