10:33 AM EDT, 05/27/2025 (MT Newswires) -- Walt Disney's ( DIS ) "Lilo & Stitch" live-action remake powered the US box office to a record high over the Memorial Day holiday weekend, marking a "strong start" to the summer movie season, according to B. Riley Securities.

The Disney ( DIS ) comedy earned $183 million in domestic sales over the four-day period through Monday, according to data from BoxOfficeMojo, which is owned by Amazon.com's (AMZN) IMDb. In second spot was "Mission: Impossible -- The Final Reckoning" from Paramount Global ( PARAA ) unit Paramount Pictures, which brought in $77 million.

The total for the long weekend of $325.7 million "eclipsed the previous high set in 2013" of $314 million, Drew Crum, managing director at B. Riley, said in a note. "Overall, we see this as a positive data point that's supportive of our industry thesis."

AMC Entertainment ( AMC ) said that it set new Memorial Day weekend records for admissions as well as food and drinks revenue, based on data from Thursday to Monday. "Finally it would appear that our industry has turned a corner," said Chief Executive Adam Aron in a statement Tuesday.

Movie-theater attendance took a sharp hit during the COVID-19 pandemic and was also dented by Hollywood writers and actors strikes in 2023 that delayed production. Crum said the industry is so far "pacing ahead" of his 2025 forecast for $9.5 billion, which would mark 10% growth year-on-year.

Cinemark (CNK), which also runs a network of movie theaters, reported the highest-grossing four-day Memorial Day weekend of all time, it said in a statement. IMAX ( IMAX ) said the Tom Cruise-led "Mission: Impossible" instalment was the best global opening for the action franchise at $31 million.

IMAX ( IMAX ) shares were up 2.9% intraday Tuesday, while AMC jumped 9%. Cinemark rose 2.4%.

Price: 111.73, Change: +2.01, Percent Change: +1.83