In the third quarter, which ended on July 31, the company's sales increased 8.4 percent to $170 million versus $157 million for the same period in 2013. (Related: Quanex Reports Third Quarter 2014 Results ) Wall Street reacted negatively to the news on Friday: The price of the company's stock fell 8 percent to $18.31 per share. Quanex had climbed 14 percent during the previous 12 months, according to Zacks Investment Research. The company doesn't expect business conditions to improve in the new fiscal year. "For fiscal 2015, Quanex anticipates a slow start, with sluggish growth through the winter months, coupled with a continued drag on earnings from its vinyl business during the first half of 2015," the company says in a statement. Despite the fourth-quarter setback, fiscal 2014 was a good year for Quanex, says CEO Bill Griffiths. "2014 was a successful year for Quanex.