Domestic Box Office For July 1988
| Rank | Release | Gross | Max Th | Opening | % of Total | Open Th | Open | Close | Distributor |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Die Hard | $83,008,852 | 1,713 | $601,851 | 0.7% | 21 | Jul 15 | - | 20th Century Fox |
| 2 | Cocktail | $78,222,753 | 1,462 | $11,789,466 | 15.1% | 1,404 | Jul 29 | - | Walt Disney Studios Motion Pictures |
| 3 | A Fish Called Wanda | $62,493,712 | 1,223 | $115,418 | 0.2% | 3 | Jul 15 | - | Metro-Goldwyn-Mayer (MGM) |
| 4 | Bambi 1988 Re-release | $39,047,150 | 1,489 | $7,216,741 | 18.5% | 1,483 | Jul 15 | - | Walt Disney Studios Motion Pictures |
| 5 | Midnight Run | $38,413,606 | 1,161 | $5,506,290 | 14.3% | 1,158 | Jul 22 | - | Universal Pictures |
| 6 | The Dead Pool | $37,903,295 | 1,831 | $9,071,330 | 23.9% | 1,831 | Jul 15 | - | Warner Bros. |
| 7 | License to Drive | $22,433,275 | 1,225 | $3,850,934 | 17.2% | 1,223 | Jul 8 | - | 20th Century Fox |
| 8 | Short Circuit 2 | $21,630,088 | 1,348 | $3,843,067 | 17.8% | 1,346 | Jul 8 | - | TriStar Pictures |
| 9 | Big Top Pee-wee | $15,122,324 | 1,256 | $4,625,004 | 30.6% | 1,256 | Jul 22 | - | Paramount Pictures |
| 10 | Arthur 2: On the Rocks | $14,681,192 | 1,426 | $5,150,962 | 35.1% | 1,426 | Jul 8 | - | Warner Bros. |
| 11 | Caddyshack II | $11,798,302 | 1,556 | $4,436,330 | 37.6% | 1,556 | Jul 22 | - | Warner Bros. |
| 12 | Phantasm II | $7,282,851 | 1,227 | $3,012,285 | 41.4% | 1,227 | Jul 8 | - | Universal Pictures |
| 13 | Monkey Shines | $5,344,577 | 1,181 | $1,902,024 | 35.6% | 1,181 | Jul 29 | - | Orion Pictures |
| 14 | The New Adventures of Pippi Longstocking | $3,569,939 | 844 | $933,462 | 26.1% | 844 | Jul 29 | - | Columbia Pictures |
| 15 | Pascali's Island | $1,451,857 | 55 | $24,979 | 1.7% | 1 | Jul 22 | - | Avenue Pictures Productions |
| 16 | Mr. North | $1,221,366 | 29 | $37,036 | 3% | 2 | Jul 22 | - | The Samuel Goldwyn Company |
| 17 | Boyfriends and Girlfriends | $823,243 | - | - | - | - | Jul 15 | Feb 23 | Orion Classics |
| 18 | It Takes Two | $344,375 | - | - | - | - | Jul 13 | - | Metro-Goldwyn-Mayer (MGM) |
| 19 | A Killing Affair | $35,000 | 4 | $5,337 | 15.2% | 4 | Jul 15 | Jul 28 | Hemdale |