Tyson Foods reported better-than-expected quarterly results thanks to its acquisition of Hillshire Brands, CNBC's Jim Cramer said Monday.
"Remember that Hillshire deal? … It turned out to be inexpensive for them," Cramer said on "Squawk on the Street," adding the deal helped the company's top and bottom line.
On Monday, Tyson reported second-quarter adjusted earnings per share of $1.07 on revenue of $9.17 billion. Analysts polled by Reuters expected the firm to post earnings of 95 cents on revenue of $9.04 billion.