Perdomo Cigars has announced that due to continued cost increases in manufacturing, it will be implementing a price increase as of Jan. 1, 2022.
Several of the company’s lines will be seeing increases of 25 cents on the retail price:
- Perdomo Double Aged 12 Year Vintage
- Perdomo 20th Anniversary
- Perdomo Habano Bourbon Barrel-Aged
- Perdomo Reserve 10th Anniversary
- Perdomo Lot 23
- Perdomo Inmenso Seventy
- Perdomo Nick’s Sticks
- Perdomo Humidified Bags
Meanwhile, the Perdomo Fresco line will see an increase of 10 cents per cigar, while the Perdomo Mini Cigarillos will increase by just two cents per cigar. When looked at as a whole, it is an increase of about 3 percent across the portfolio, according to the company.
In a letter to retailers, Nick Perdomo Jr., president and ceo of Perdomo Cigars, said that the company is committed to offering the highest quality premium cigars at affordable price points, and price points that protect both retailers and end consumers. He reiterated that the company continues to completely absorb the SCHIP tax, which it has done since its implementation in 2009.
The following chart is a live look at what companies have announced price increases or no price increase for 2022.