It’s a Memorial Day weekend for the box office record books. Movie theaters across the country were jamming as “Lilo & Stitch” and Tom Cruise’s “Mission: Impossible – The Final Reckoning” fueled the largest Memorial Day holiday in history — and established several other benchmarks in the process.

Last year, theater owners and industry professionals wrung their hands as Memorial Day box office performance tanked. This year could not be more different.

Disney's "Lilo & Stitch" is proving that "Snow White" was an aberration, as it has earned an excellent $55 million domestic opening day to bring its global total to $111 million heading into the extended Memorial Day weekend,