The action hero's all-star mercenary thriller earned an estimated $35 million across the United States and Canada during its first three days of release, distributor Lionsgate said.
The opening, which was in line with bullish expectations, marks a boost not only for Stallone, who directed and co-wrote the project as well, but also for Lionsgate, whose Lions Gate Entertainment Corp parent is fending off a hostile takeover from investor Carl Icahn.
Julia Roberts, whose career has been almost as cold as Stallone's in recent years, followed at a distant No. 2 with "Eat Pray Love." The big-screen adaptation of a bestselling memoir of a woman's international search for herself, opened with $23.7 million, also in line with expectations.
The female-skewing drama was released by Sony Corp's Columbia Pictures, which topped the box office last weekend with "The Other Guys." The Will Ferrell cop comedy fell to No. 3 with $18 million, taking its 10-day total to $70.5 million.
A third newcomer, the comic-book adaptation "Scott Pilgrim vs. The World," bombed at No. 5 with $10.5 million. It marks the second disappointment this month for General Electric Co-owned distributor Universal Pictures, following "Charlie St. Cloud."
Stallone, 64, was last in theaters with a pair of modest retreads revisiting his glory days, 2008's "Rambo" and 2006's "Rocky Balboa." They opened to $18 million and $12 million, respectively.
His best opening, before accounting for ticket-price inflation was the $33 million start for the children's movie "Spy Kids 3D" in 2003. On an adjusted basis, he did better with a pair of films in 1985: "Rambo: First Blood Part II" and "Rocky IV," with about $45 million each, according to tracking firm Box Office Mojo.
"The Expendables," whose multinational lineup includes English tough guy Jason Statham, Sweden's Dolph Lundgren and Chinese martial-arts veteran Jet Li, revolves around a team of mercenaries who inflict carnage on a fictional South American dictatorship. Bruce Willis and California Governor Arnold Schwarzenegger have cameos. Roberts' older brother Eric, from whom the actress was once estranged, plays a villain.
The film was made by independent producer Avi Lerner's Nu Image/Millennium for about $85 million. Lionsgate paid $20 million for distribution rights.
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