Well, it’s finally coming! After being delayed from November 3rd, 2023 to March 2024 due to the strikes, Dune: Part Two is finally about to hit theaters. Three weeks ago, the film landed on tracking with $65 million or more. Since then, it has ballooned to $80 million+. Overseas, it’s tracking for $80 million-$90 million for a $170 million global debut. Back at home, it’s tracking for $80 million or more on opening weekend (Though Warner Bros is playing it safe and sticking with $65 million). Yeah sure there is such thing as crazy high expectations of $90 million-$120 million and/or making more on opening weekend than how much the first movie from 2021 earned in its entire release (which made $108 million domestic off a $41 million debut amid also being available on Max).
There are a few factors as to why it could overindex and scream past $100 million. First and foremost, there is pent up demand for big movies in theaters. Yeah sure, Bob Marley: One Love made $28 million on opening weekend two weeks ago but that wasn’t enough to get the industry out of hibernation. Secondly, while the original earned 83% fresh on Rotten Tomatoes, this one is earning even better reviews at 97% fresh. Yes, both factors could propel the movie higher than the original’s entire $108 million domestic cume in just one weekend but I’m going to play it safe and predict close to $80 million for the weekend.
For that to happen, it needs to earn $31 million on opening day and then ease to $26 million on Saturday and then again to $21 million on Sunday for a $79 million debut. Whether it makes $130 million or $65 million on opening weekend, its debut will still be incredible for a Denis Villeneuve-helmed movie. But let’s not be Debbie downers if it “only” makes $69 million. Of note, it earned $2 million in this past Sunday’s IMAX showing and that will melt into the Thursday previews gross.
Let the spice flow.