On This Day: June 20, 1986 — The Karate Kid Part II Premieres
The Karate Kid Part II opened wide on June 20, 1986, and ended its first weekend with $12.6 million in the bank — a franchise record at the time, more than half a million dollars above what the original earned in its 1984 debut. By Labor Day, John G. Avildsen’s sequel had outgrossed The Karate…