Photo: Alison Miksch; Styling: Buffy Hargett Miller
Hands-on Time
30 Mins
Total Time
4 Hours 40 Mins
Makes about 2 dozen (2- x 1 1/4-inch) rectangles

If you like red velvet cake, you'll love this fudge.

How to Make It

Step 1

Line an 8-inch square pan with parchment paper, extending over sides; coat with cooking spray.

Step 2

Beat cream cheese and next 3 ingredients with an electric mixer until creamy. Beat in powdered sugar, 1 cup at a time. Beat at high speed 3 minutes.

Step 3

Melt white chocolate according to package directions; beat into cream cheese mixture. Reserve one-third of cream cheese mixture. Melt milk chocolate according to package directions. Stir milk chocolate and food coloring into remaining two-thirds of cream cheese mixture. Fold in walnuts. Pour into prepared pan; tap pan on counter to remove air bubbles. Freeze 10 minutes.

Step 4

Spread reserved cream cheese mixture over fudge; chill 4 to 24 hours. Remove fudge from pan. Cut into rectangles, rinsing and wiping knife clean between each slice. Chill until ready to serve.

Ratings & Reviews

Meredith8's Review

February 01, 2015
We made this for a Christmas party, and after just 5 minutes out of the freezer, they were a gooey mess. If you picked one up, you had red goo all over your fingers. Personally, I wonder what's going on in the Southern Living Test Kitchen. I've made a few in the past couple of months that were total duds. Very unlike SL!!!

medroog's Review

December 26, 2014
Same as above; did not set in spite of 24 hours in the fridge. Barely firm enough to cut after several hours in the freezer. Yes the taste was good but it didn't yield something that you could serve or gift, which makes it a failure for a holiday recipe. Something must have gotten left out in the instructions?

southirwin's Review

December 21, 2014
Made yesterday and after 24 hrs in fridge, not set enough to cut. I'm trying the freezer to see if I can at least get them firm enough to cut. But tasty.