Canvas Scaler and Content Size Fitter (bug or feature?)

So, I want my UI to scale at different screen resolutions. I configured Canvas Scaler as follows:



I created a panel with text that looks good:



My panel has Vertical Layout Group and Content Size Fitter to fit the text inside:



In some cases at different resolutions text starts to wrap (1920x1080 in my case):

 

Does anyone have this issue?

This is the main menu panel which has the following structure:

Panel with Vertical Layout Group and Content Size Fitter the same as in my previous post
Text with Text Wrap
Three Buttons with Layout Element (preferred width and height are set)



You can see how text wraps depending on Canvas Scale Factor. It seems to be a bug in layout calculations.