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The film grossed $14.3 million at the U.S. box office; however, its budget was an estimated $22 million, resulting in a domestic box office loss. Film critic Roger Ebert gave the film one-half of a star out of a possible four, commenting that "Josie and the Pussycats are not dumber than the Spice Girls, but they're as dumb as the Spice Girls, which is dumb enough."
Evaluating the film for the Onion A.V. Club in 2009, Nathan Rabin writes that it is "funny, sly and sweet' and "a sly, sustained spoof of consumerism". He rates the film as a "secret success". The film currently holds a 53% "Rotten" rating at RottenTomatoes.com, based on an average of 114 reviews.