March 25 (Reuters) - Beyond Meat ( BYND ) said on

Wednesday it was delaying the reporting of its fourth-quarter

results by about a week as it needs additional time to complete

some internal processes.

The plant-based meat maker, whose shares had last year seen

a meme-stock frenzy, will now report its quarterly results on

March 31, instead of March 25.

Last week, the company announced that it was delaying its

annual report as it identified material weaknesses related to

controls associated with the accounting for its inventory,

including excess or obsolete stock.

The faux-meat producer has already been struggling with weak

demand, as budget-conscious consumers pull back from its

higher-priced products and shift towards cheaper alternatives

amid a shift toward less processed and, more recently, the

influence of the "Make America Healthy Again" movement.