Advance (AAP) Drags (AZO) (MDS) (ORLY) (SMP) Down with it

After missing analysts' expectations in its latest quarterly report, shares of Advance Auto Parts Inc.'s (NYSE:AAP) got hammered on Thursday, closing down over 10 percent.

Also dragged down by the disappointing performance were competitors AutoZone Inc. (NYSE:AZO), Midas Inc. (NYSE:MDS), O'Reilly Automotive Inc. (NASDAQ:ORLY) and Standard Motor Products Inc. (NYSE:SMP).

For its fiscal first quarter, Advance did increase its profits slightly by 0.1 percent, and new stores were able to generate decent revenue. But same-store sales is what weighed on the company, as they dropped for the quarter.

Advance closed Thursday at $63.49, plunging $7.17, or 10.15 percent.

AutoZone closed at $277.15, falling $5.35, or 1.89 percent. Midas ended the session at $6.10, dropping $0.14, or 2.24 percent. O'Reilly Automotive Inc. closed at $58.59, down $1.60, or 2.66 percent. Standard Motor Products Inc. closed at $13.73, falling $0.98, or 6.66 percent.