Yes, but Teenagers are NOT the movie's demographic. Those teens went to (or were dragged to) see Twilight. That's like wondering why 5 year olds aren't buying enough adult sized Hong Kong Phooey T-shirts.
Remember, FAMILY movie usually means kids under the age of 12, and their parents. It was the three other family movies that was the competition, all with the same demographic. And consider the Muppet Disney store toys are in demand (#3 best Holiday sellers, after Princess and Cars merchandise... and above OTHER Princess and Cars merchandise) while TRU's Arthur Christmas and even Happy Feet Two merchandise looks completely pristine and untouched when crowded TRU stores look like a hurricane went through it everywhere else. THOSE are the flops, and I'm sure they'll both get sequels anyway.
Remember, FAMILY movie usually means kids under the age of 12, and their parents. It was the three other family movies that was the competition, all with the same demographic. And consider the Muppet Disney store toys are in demand (#3 best Holiday sellers, after Princess and Cars merchandise... and above OTHER Princess and Cars merchandise) while TRU's Arthur Christmas and even Happy Feet Two merchandise looks completely pristine and untouched when crowded TRU stores look like a hurricane went through it everywhere else. THOSE are the flops, and I'm sure they'll both get sequels anyway.