Ready for a blast from the past that hurts? Hold onto your seats as "Karate Kid: Legends" is expected to set the cash registers ringing with a splashy $25 million debut.

The irresistible duo of Jackie Chan-the man who brought back the Crane Kick with sass in 2010's "Karate Kid," and Ralph Macchio, whose legendary kick in the 1984 original, had everyone practicing air karate, have teamed up again. This Sony Pictures showstopper is set to ride high on the success of the Netflix series, "Cobra Kai," which has given the franchise a new lease on streaming life. The buzz among rival studios suggests that if the martial arts era diehards turn up in hordes, this flick might break the $30 million barrier over the opening weekend.

The numbers look good for a movie that was crafted on a savvy $45 million budget. However, the karate champs still have Disney's "Lilo & Stitch," the reigning queen at the box office, to worry about. This vibrant family entertainer raked in a whopping $182.6 million over the Memorial Day weekend and expects to add another $60 million to its kitty this weekend. Globally, "Lilo & Stitch" is well on its way to crossing the $400 million mark, becoming one of the year's prominent hits against its humble $100 million budget.

"Mission: Impossible - The Final Reckoning" is also set to give "Karate Kids: Legends" a tough fight. The Tom Cruise extravaganza, which began promisingly with a $79 million holiday weekend debut, hopes to add another $30 million to its global tally. Despite nearing the $300 million mark worldwide, the need to recover its colossal $400 million budget will continue drawing in the crowds to make this mission possible.

Fans of supernatural horror have a treat in store this weekend with A24's "Bring Her Back" promising to send chills down your spine and earn a solid $6 million debut. Don't be surprised if it surpasses expectations, thanks to its popular genre, warm critical reception, and Sally Hawkins' captivating central performance.

For the big-screen connoisseurs seeking more refined offerings, the arthouse terrace will witness the premier of Wes Anderson’s “The Phoenician Scheme.” This well-crafted tale presents an ensemble that includes big guns like Benicio del Toro, Mia Threapleton, Riz Ahmed, Tom Hanks, and Benedict Cumberbatch.

The film industry seems to be shedding its pandemic blues, with an optimistic outlook for the future. The Memorial Day box office has set fresh records, and film exhibitors are eager to continue this positive trend with past hits like "Lilo & Stitch," "A Minecraft Movie," and "Sinners."

So, dust off your old karate gi, we'll see if Daniel LaRusso can kick-start the joyride once again!