The album was released to positive reception from music critics, some of which were her new Bacharach–David record but applauded Warwick's vocals, its production and the overall direction of the album. Commercially, though, Friends Can Be Lovers was a considerable decline from her previous efforts with Arista, becoming her first album since 1977 to not chart on the US Billboard 200 and reaching number 82 on the US Top R&B/Hip-Hop Albums only. Of all three singles that were released from the album, only "Where My Lips Have Been" was able to chart, peaking at number 95 on the Hot R&B/Hip-Hop Songs. Disappointed by its performance, Warwick later expressed her dislike of the album itself.
