Box Office Predictions: June 1-3

The post Memorial Day weekend gives us a trio of vowel led titles as romantic disaster drama Adrift with Shailene Woodley, Johnny Knoxville comedy Action Point, and Blumhouse horror pic Upgrade all debut. You can peruse my detailed prediction posts on each of them here:

https://toddmthatcher.com/2018/05/24/adrift-box-office-prediction/

https://toddmthatcher.com/2018/05/23/action-point-box-office-prediction/

https://toddmthatcher.com/2018/05/24/upgrade-box-office-prediction/

I don’t expect any of the newbies to exactly set the box office ablaze, but have Adrift getting over Action Point (if for nothing else than the higher theater count). My meager $2.8 estimate for Upgrade leaves it far outside the top 5.

The top two (and perhaps 3) should remain unchanged, but the real story of the weekend may be how far Solo: A Star Wars Story drops. It shouldn’t have trouble remaining #1, but as discussed in my post from last night, it came in considerably below expectations:

https://toddmthatcher.com/2018/05/28/solo-a-star-wars-letdown/

Press chatter since the undeniably disappointing premiere of Solo has solely focused on just that and it could cause the film to take a hefty dip in its sophomore frame. In addition, tent pole features opening over the Memorial weekend typically experience large declines anyway. Last year’s Pirates of the Caribbean: Dead Men Tell No Tales fell 64%. I believe a better comp might be Indiana Jones and the Crystal Skull from 10 years ago. It made $100 million over the three-day portion of the holiday weekend and dipped 55% in weekend #2. That seems more feasible for Solo, however if it fell over 60% it wouldn’t exactly be shocking.

Deadpool 2 should remain in second place while Avengers: Infinity War could find itself locked in battle for third with Adrift or possibly Action Point. I’m giving Adrift an edge.

And with that, my top 5 projections for the beginning of June:

1. Solo: A Star Wars Story

Predicted Gross: $37.3 million

2. Deadpool 2

Predicted Gross: $20.9 million

3. Adrift

Predicted Gross: $11.7 million

4. Avengers: Infinity War

Predicted Gross: $8.6 million

5. Action Point

Predicted Gross: $6.6 million

Box Office Results (May 25-28)

As discussed already, Solo: A Star Wars Story came in far below expectations with $103 million over the four-day weekend. That’s, ahem, a bit under my forecast of $151.3 million. Just days ago, the stand-alone Star Wars entry was a strong candidate to break the previous $139 million Memorial Day record held by Pirates of the Caribbean: At World’s End. It ended up as only the 7th highest holiday haul.

Deadpool 2 dropped to second with $53.8 million, in line with my $55.2 million prediction for a two-week total of $218 million.

Avengers: Infinity War was third at $22.4 million (I was right there at $22.5 million) for $627 million overall.

Book Club was fourth with $13.1 million in its second weekend, topping my $11.7 million projection for $35 million total. The comedy is scoring with a female and older audience and turning into a nice midsize summer performer.

Life of the Party rounded out the top five with $6.8 million, topping my $5.3 million prediction. It’s made $40 million total.

And that does it for now, folks! Until next time…

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