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Julia Roberts Makes Red-Hot Red Carpet Return While August: Osage County Gains Oscar Buzz

Julia Roberts Jason Merritt/Getty Images

Red is a good color on Julia Roberts—but of course, everyone figured that out when they watched Pretty Woman.

The award-winning actress was stunning on the red carpet last night for the premiere of her film August: Osage County at the Toronto International Film Festival, where she wore a red lace Dolce & Gabbana mini with nude, triple-strap peeptoe heels.

The John Wells-directed adaptation of Tracy Letts' play focuses on an estranged Oklahoma family coming together for a funeral, and includes a star-studded cast. Along with Roberts, Chris Cooper, Benedict Cumberbatch, Juliette Lewis, Abigail Breslin, Dermot Mulroney (aw, My Best Friend's Wedding reunion!), Ewan McGregor costar in the flick, with Meryl Streep playing the lead role as the family's dysfunctional matriarch.

LOOK: Julia Roberts was one of the best dressed stars at the Oscars ever

August: Osage County was a top Oscar contender before it even premiered at the film fest on Monday night—however, after viewing the film, critics had mixed reviews.

The Hollywood Reporter's Scott Feinberg wrote that "the dialogue-heavy dramedy...unfolds largely like a filmed play. What are we supposed to come away from this experience thinking and feeling? I'm sure not sure that's going to prove enough for most awards voters, particularly  in such a competitive year."

While The Chicago Tribune's Michael Phillips wrote, "The film's not a disaster, or a total dullard, in the way of too many recent filmed plays...But August: Osage County comes to life, to cinematic and dramatic life, only in fits and starts. And some of the questionable casting choices extend straight to the choice of director."

PHOTOS: 2013 Toronto Film Festival Buzz Films

August Osage County, Meryl Streep, Julia Roberts

However, despite critics feeling uncertain about the film's success, some reviews made sure to point out Roberts' and Streep's work in the movie, noting that they may certainly find themselves up for an Oscar come awards season.

The Wrap's Steve Pond said he believes Streep is a best actress Oscar contender: "With the unstoppable Streep in charge, it's difficult for a viewer not to go along for the ride even if they're a little uneasy [as I was] about the fact that the broad comedy sometimes swamps everything in its wake."

Drew McWeeny from Hitflix praised Streep and Roberts, saying, "Streep is often both touching and terrible as Violet's drug-induced fog rolls in, leaving her fuzzy and disoriented, then rolls out again, allowing her to perform ego surgery on each of her kids, with remarkable accuracy. Roberts rarely chooses to play characters who are this openly angry and hard to like, and I have to say…she gives it everything she's got."

PHOTOS: See the stars arriving at the Toronto Film Festival

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