Marvel Studios' latest film, Thor: Ragnarok, is projected to gross over $400 million worldwide by Sunday. Anticipation is ramping up in the final few days before Ragnarok goes wide with fans around the world eager to see what is next for the Marvel Cinematic Universe. The third installment in Chris Hemsworth's solo franchise has so far only debuted in half of the international markets, and it is already performing well. The movie earned over $100 million internationally last weekend in its debut, setting the stage nicely for the full global launch this weekend.
Thor 3 has been out in theaters for almost a week (thanks to a slightly early launch in some markets), and the response has continued to be very positive. The movie quickly became certified fresh on Rotten Tomatoes and remains one of the highest reviewed superhero movies of all-time. All of this positivity is going to continue as the film heads into its second week of release, and it's poised to dominate.
Deadline is reporting Thor: Ragnarok will have a global box office total of $150 million by tomorrow (the day before Thursday night previews), and once the rest of the world opens Ragnarok up for business, it is projected to finish the weekend with over $400 million worldwide to its name. A portion of this haul will come from China's projected $50M launch, and another substantial sum from its domestic launch. Recent projections have the movie opening anywhere between $100-$125M domestically.
To put things in perspective, the first Thor grossed $449M in total back in 2011, so Ragnarok is in good position to be a box office giant for a bit. Ragnarok will have already outgrossed The Incredible Hulk ($263.4M) and Captain America: The First Avenger ($370.6M) in their entireties in less than two weeks if it meets these new projections. Considering the lack of competition it has in theaters for the time being, the latest Marvel has to offer should have no trouble.
This would absolutely be a great start for Ragnarok, and easily put it on track to become the biggest film in the Thor franchise - surpassing Thor: The Dark World's $644.8M - but its legs will go a long way in determining just how high the film's box office receipts climb. Disney has positioned Ragnarok where it has no competition from previous weeks and is the only major movie hitting theaters the week after - assuming it can fend off Daddy's Home 2 and Murder on the Orient Express. The real challenge will come the week after when fellow superhero flick Justice League and Pixar's Coco launch. If Ragnarok can avoid huge drop offs in its third weekend, $400M will just be the first of many milestones it passes.
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