Me too I loved it. But I think it comes more to the timing of film release than anything else. Ferdinand was always the "other movie". The other movie released besides Star wars, the other animation movie besides Coco, The other family movie besides Jumanji. I think if they released it in some other time and it had some distance between coco, it would have done a way better business.
But I think comparing to its opening week and competition, It has done quiet well. It will surpass the peanuts movie and epic worldwide.