FIRST STEPS Pacing for $25M Thursday Start, $125M+ Debut; SMURFS Update & NOBODY 2’s First Outlook – Box Office Theory

The full version of this report appears in Box Office Theory’s Substack newsletter.

Brief update this week on the written analysis side of things as summer’s list of heavy hitters is already beginning to wind down. Full forecast calendar below.

Key Tracking Factors & Rationale:

  • The Fantastic Four: First Steps is still in steady territory as it looks to benefit from being the next-on-deck tentpole release following Superman, meaning pre-sale pacing will accelerate organically over the next two weeks.
    • Thursday’s domestic previews for July 24 are currently pacing toward a $25 million start with potential to climb if reviews and buzz escalate. Embargoes will lift the morning of July 22.
  • Smurfs is trending even lower than bearish models had already forecast in recent weeks. It’s likely to pick up slight pace among parents with young kids next week, but the IP simply isn’t as popular as other franchises among today’s youth and there won’t be much of a premium screen presence.
    • Weekend pre-sales in exhibitor samples are pacing far below Elio and The Garfield Movie, increasing chances of a sub-$10 million opening weekend if things don’t turn around.
  • I Know What You Did Last Summer is behind the pacing of high-performing legacy horror franchise sequels such as Final Destination: BloodlinesScream VI, and the recent Halloween films. This was generally baked into previous forecasts already, but it remains to be seen if interest picks up next week.

5-Week Box Office Calendar, Tracking & Forecasts
as of 7/10/25

(NOTE: Pinpoint forecasts are available in our Substack newsletter.)

Release Date

Title

Distributor

3-Day (FSS) LOW-END Opening

3-Day (FSS) HIGH-END Opening

3-Day (FSS) PINPOINT Opening Forecast

Domestic Total LOW-END

Domestic Total HIGH-END

Domestic Total PINPOINT Forecast

7/16/2025

Jujutsu Kaisen: Hidden Inventory/Premature Death

GKIDS

7/18/2025

Eddington

A24

$7,000,000

$12,000,000

$17,000,000

$36,000,000

7/18/2025

I Know What You Did Last Summer (2025)

Sony Pictures

$15,000,000

$24,000,000

$35,000,000

$64,000,000

7/18/2025

Smurfs

Paramount Pictures

$8,000,000

$16,000,000

$27,000,000

$59,000,000

7/25/2025

The Fantastic Four: First Steps

Disney

$125,000,000

$155,000,000

$277,000,000

$395,000,000

7/25/2025

The Home

Roadside Attractions

7/25/2025

House on Eden

IFC Entertainment Group

7/25/2025

Oh, Hi!

Sony Pictures Classics

7/30/2025

BTS Army: Forever We Are Young

Trafalgar Releasing

$5,000,000

$10,000,000

$5,000,000

$10,000,000

7/30/2025

Together

NEON

8/1/2025

Architecton

A24

8/1/2025

The Bad Guys 2

Universal Pictures

$26,000,000

$35,000,000

$101,000,000

$143,000,000

8/1/2025

The Naked Gun (2025)

Paramount Pictures

$23,000,000

$32,000,000

$62,000,000

$95,000,000

8/3/2025

Sunset Boulevard

Fathom Entertainment

8/6/2025

Sketch

Angel Studios

$2,000,000

$5,000,000

$5,000,000

$15,000,000

8/8/2025

Freakier Friday

Disney

$45,000,000

$65,000,000

$115,000,000

$190,000,000

8/8/2025

Weapons

Warner Bros. Pictures

$23,000,000

$32,000,000

$66,000,000

$109,000,000

8/14/2025

Shin Godzilla

GKIDS

8/15/2025

Americana

Lionsgate

$2,000,000

$5,000,000

$5,000,000

$16,000,000

8/15/2025

Eli Roth Presents: Jimmy and Stiggs

Iconic Releasing

8/15/2025

Highest 2 Lowest

A24

8/15/2025

Nobody 2

Universal Pictures

All forecasts and tracking ranges above are reflective only of how the films are trending or expected to trend ahead of release. They are not final forecasts or predictions and are subject to revision at any time based on evolving market conditions and various circumstances that are factored into our modeling.

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