Bad news for the professional clown industry: The terrifying Pennywise will return to theaters in a couple of summers.

New Line Cinema and Warner Bros. announced Monday that the highly anticipated It sequel is set for a post-Labor Day release in 2019. The news was revealed just days after the project officially became the highest-grossing domestic horror flick of all time, racking in a total of $266 million since its Sept. 8 release. Needless to say, there are big expectations for the sequel.

Deadline reports Andy Muschietti will return to direct, which will follow the Losers Club in present day, 27 years after they seemingly defeated Pennywise the Dancing Clown. Muschietti said the film was all about the children and their relationships, while the second will address the origins of It.

"I really wanted to focus on the emotional journey of the group of kids. Getting in to that other dimension—the other side—was something that we could introduce in the second part," Muschietti told Yahoo Movies about the sequel. "In the book the perspective of the writing … is always with the Losers, so everything they know about Pennywise is very speculative and shrouded in absurdity, so I wanted to respect that mystery feeling of not knowing what’s on the other side."

Though the follow-up will focus on the Losers Club as adults, the main cast of kids will return to film various flashback scenes. As of now, there is no word on which actors are being considered for the adult roles. Stay tuned.