08/19/2012 12:42 pm ET Updated Oct 19, 2012

'The Expendables 2' Wins Weekend Box Office With $28.8 million

"The Expendables 2" proved to be anything but expendable as the Sylvester Stallone-led sequel won the weekend box office, raking in $28.8 million.

Although the sophomore action flick effort beat out "The Bourne Legacy" and "ParaNorman" this weekend, it failed to outdo 2010's "The Expendables," which brought in $34.8 million during its opening weekend. But, according to The Hollywood Reporter, "The Expendables 2" box office run is far from over. The film's beefed up cast (Chuck Norris, Jean-Claude Van Damme and Liam Hemsworth are new additions to the gun-toting crew) and older-skewed audience should keep it going strong throughout the week.

"We think we'll have a great run," Lionsgate executive vice president of distribution David Spitz told THR. "Older audiences don't rush out to the cinema on opening weekend."

"The Bourne Legacy," the first of the Bourne series to swap out Matt Damon for Jeremy Renner, came in second place with $17 million and the stop motion Focus Features adventure "ParaNorman" rounded out the top three with $14 million.

But perhaps the biggest disappointment of the weekend was Whitney Houston's last film "Sparkle." Despite its positive reviews, the Motown movie, in which Jordin Sparks plays Houston's star gazing daughter, came in at No. 5 with $12 million.

Click over to The Hollywood Reporter for more details.