A shipping and display carton convertible into a cover portion and display tray is described comprised of a cover portion formed from a cover blank and a tray portion formed from a tray blank. The blanks are preferably glued together at only three glue points when the tray blank is laid flat on top of the cover blank in order to form a two-layered blank that may be erected into the present carton. The fully erected carton may be easily broken apart into an attractive display tray and a disposable/recyclable cover by gripping the cover within a grasping aperture and lifting the cover portion up to break the carton apart at the two side tabs and along the rear of the carton.