'GOTG Vol. 2' Remains at No. 1 at Box Office, 'King Arthur: Legend of the Sword' Flops

Guy Ritchie-directed 'King Arthur', which unexpectedly opens with an alarming $14.7 against its $175 million budget, is on track to be the first big summer flop.

"Guardians of the Galaxy Vol. 2" still tops domestic box office in its second weekend. The "Guardians of the Galaxy" sequel nabbed an estimated $63 million, bringing its domestic cume to over $246 million. So far, the superhero movie has earned an estimated total of $633 million globally.

Fox's Mother's Day action comedy "Snatched", starring Amy Schumer and Goldie Hawn, opened with an estimated $17.5 million from 3,501 theaters. The movie was made with a modest $42 million, but it still hoped for a bigger cume. "Snatched", which follows Hawn and Schumer as mother and daughter who are abducted on their vacation in Ecuador, earned a B CinemaScore.

Meanwhile, big-budgeted "King Arthur: Legend of the Sword" didn't make a very good start. The movie directed by Guy Ritchie only managed to earn $14.7 million against its $175 million budget, marking the first big bomb of summer 2017. The epic movie didn't open very well in international markets either, nabbing only a shy $29.1 million from 51 markets.

Warner Bros. domestic distribution chief Jeff Goldstein said that the concept of "King Arthur: Legend of the Sword" just "didn't resonate with a broad audience" and that they were "disappointed" and "had higher hopes." While the movie starring Charlie Hunnam and Jude Law gained a B+ CinemaScore from the audiences, it only earned a 27 percent rating on Rotten Tomatoes.

Sitting on No. 4 at domestic box office was blockbuster "The Fate of the Furious", which gained an estimated $5.3 million, while rounding out the top five was "The Boss Baby", which nabbed a pleasant $4.6 million domestically.

Top Ten Movies at Weekend Box Office for May 12-14, 2017:

    "Guardians of the Galaxy Vol. 2" - $63 million
    "Snatched" - $17.5 million
    "King Arthur: Legend of the Sword" - $14.7 million
    "The Fate of the Furious" - $5.3 million
    "The Boss Baby" - $4.6 million
    "Beauty and the Beast (2017)" - $3.9 million
    "How to be a Latin Lover" - $3.7 million
    "Lowriders" - $2.4 million
    "The Circle" - $1.7 million
    "Baahubali 2: The Conclusion" - $1.5 million