'House of Gucci' finishes second to 'Encanto' at the box office in Tuesday evening previews

House of Gucci was officially (and finally) released in theaters Wednesday (Nov. 24), and the loosely biographical drama is quickly making an impact.

According to Variety, House of Gucci earned $1.3 million at the box office in Tuesday evening previews. That places it behind Disney's Encanto, which grossed $1.5 million.

"Encanto is expected to top the box office and generate $40 million over the five-day period, a more muted launch for a Disney holiday offering than previous Thanksgiving debuts from the Mouse House, such as Frozen II in 2019 ($123.7 million), Ralph Breaks the Internet in 2018 ($84.6 million), and Coco in 2017 ($71 million)," the outlet relayed. "But those movies bowed in pre-pandemic times, so if Encanto can deliver on those estimates it will rank as a relative victory at a moment when ticket sales are depressed industry-wide."

Directed by Ridley Scott, House of Gucci "is inspired by the shocking true story of the family empire behind the Italian fashion house of Gucci. Spanning three decades of love, betrayal, decadence, revenge, and ultimately murder, we see what a name means, what it’s worth and how far a family will go for control."

More specifically, the film centers around Patrizia Reggiani (Lady Gaga) and her marriage to Maurizio Gucci (Adam Driver). Maurizio was the grandson of Gucci founder Guccio Gucci. In March 1995, by then divorced, Reggiani hired a hitman to shoot and kill Maurizio. She was convicted in 1998 and served 18 years in prison before her release in 2016.

Jared Leto, Salma Hayek, Al Pacino and Jeremy Irons also star.