Step 1

Line a 6” round cake pan (or other similar small pan) with parchment paper.

Step 2

In a small saucepan over medium-low heat, add the sweetened condensed milk. Heat while stirring occasionally until small bubbles form on the edge of the pan. Do not boil.

Step 3

Have the chocolate chips ready in a small bowl.

Step 4

Pour the hot sweetened condensed milk on top of the chocolate chips, and let sit for 1 minute. Stir gently, and let rest for another 30 seconds or so.

Step 5

Meanwhile, slice the cherries in half and place them in a small bowl. Toss them with the almond extract (if using).

Step 6

At this point, the fudge should be completely homogeneous and melted.

Step 7

Pour half of the fudge into the parchment-lined pan. Press three-quarters of the cherries on top of the fudge. Drizzle about 2 tablespoons of sweetened condensed milk on top.

Step 8

Finally, pour the remaining fudge mixture on top of the cherries in the pan, and smooth the top.

Step 9

Decorate the top of fudge with the remaining cherries.

Step 10

Let the fudge set at room temperature for at least an hour, or set in the fridge for 30 minutes.

Step 11

Before serving, drizzle with an extra few tablespoons of sweetened condensed milk. Slice into 8 wedges, and serve.