It has comptetion from Margie Claus, Jumanji, Cats, Star Wars unlike Frozen 1 which had only Hunger Games and later Hobit . 400 M is no joke guys and In international market I can bet it won't cross 200M in Japan as it happened last time,
After Glass, Lego Movie disappointment I see the streak continues with another sequel how to train your dragon3 then US, Secret life of pets2, Men in Black , Toy Story 4 and definitely Frozen2
May be domestic might be similar for frozen and toystory but I can bet Overseas will be much lesser. People who were expecting Mary Poppins gonna cross a billion will argue again but Its just what people do