It reached #2 on the UK Singles Chart and #7 on the United States Charts. Like their previous hit "You Really Got Me", the song relies on a simple sliding power chord riff, although this song's riff is slightly more complicated, incorporating a B Flat after the chords F and G. Otherwise, the recordings are similar in beat and structure, with similar background vocals, progressions, and guitar solos. In 2003 it appeared as #57 on Pure Pop's list of The 100 Best Singles of All. The guitar solo break by Dave Davies is truly inspired and difficult to copy, and deemed to be so excellent that for many years it was claimed that Jimmy Page played the break - however, it has been documented, and confirmed by Ray Davies, that Dave made up and played the solo himself, accidentally augmenting the unique riff by playing it through an amp with a hole in it.
The song was also the title track of an extended play single in some territories and was not included on an album at the time of its release. In the UK, it was included on the Kinksize Hits EP.