July 10 (Reuters) - Conagra Brands ( CAG ) forecast

annual profit below expectations on Thursday, anticipating

higher costs of ingredients due to U.S. tariffs, softer demand

for its pantry staples and increased private label competition.

The packaged food company expects its adjusted profit per

share to be between $1.70 and $1.85 for fiscal year 2026,

compared with analysts' average estimate of $2.19, according to

data compiled by LSEG.