E.P. Carrillo Raising Prices Next Month

E.P. Carrillo has informed its retailers that it will be implementing a price increase in early February as it looks to keep up with rising costs to make its cigars.

“We strive to balance the value of our cigars to both the retailer and consumer, along with the ever-increasing costs to manufacture our product for everyone,” the company wrote in a letter announcing the increase. “We also feel it is best to keep our prices firm and stable, for as long as possible, before taking an increase that has become necessary this coming year. Lastly, it is important that we share with you the fact that some prices at the manufacturing end, are higher as a percent increase, and we chose to absorb those extra costs as part of our commitment to bringing you the absolute best cigars at the absolute best price.”

The company did not include guidance as to just how much the increases are, but a comparison between the company’s 2023 and 2024 price lists indicates increases between 5 and 75 cents for the majority of the company’s portfolio, though not every cigar is going up. For instance, the Encore by Perez-Carrillo line is seeing one of the smaller increases, with the Valientes and El Primero vitolas remaining unchanged, while the Majestic is going up 10 cents and the Celestial and El Futuro are going up by 25 cents in their MSRPs.

The biggest increases are found in the Allegiance line, with the Wingman and Chaperone vitolas going up by 75 cents, while the Sidekick vitola is going up by 50 cents and the Confidant is increasing by 40 cents.

The increase is set to go into effect on Feb. 5.

Below is a list of companies that have announced whether they will have a price increase heading into 2024.

Company	Price Increase?
ADV & McKay Cigar Co.	Yes
AGANORSA Leaf	Yes
AJ Fernandez	Yes
All Saints Cigars	Yes
Altadis U.S.A.	Yes
Arango	No
Artesano del Tobacco	No
ATL Cigar Co.	No
Bellatto Premium Cigars	Yes
Black Label Trading Co.	Yes
Black Star Line Cigars	No
Boveda	Yes
Caldwell Cigar Co.	Yes
Casa Caraballo	No
Casa Cuevas	Yes
Colibri	No
Crowned Heads	No
Dapper Cigar Co.	Yes
Davidoff of Geneva	Yes
Drew Estate	Yes
E.P. Carrillo	Yes
El Septimo	No
Espinosa Premium Cigars	No
Esteban Carreras	Yes
Fosforo	Yes
Freud Cigar Co.	No
Habanos S.A.	Yes
HVC	Yes
Iconic Leaf	No
Jake Wyatt Cigar Co.	No
Kafie 1901	No
KBF	No
Kristoff	No
La Aurora	Yes
Lampert Cigars	No
Lost&Found	Yes
Lotus/Vertigo	No
My Father	No
Ohana Nui	No
Oliva	Yes
Patina	Yes
Perdomo	Yes
Potter Cigars	No
Powstanie	Yes
Principle Cigars	No
Rocky Patel	Yes
RoMa Craft Tobac	Yes
Santa Clara	No
Sinistro	Yes
Somm	No
Southern Draw	Yes
Stolen Throne	No
Sutliff	No
Tabanero Cigar Co.	No
Tatuaje	No
Vector-KGM	No
Villiger Cigars North America	Yes
Warfighter Cigar Co.	No