This week Padron mailed out a letter to retailers informing them of an increase in operating costs in both the United States and Nicaragua which would result in a price increase on their cigars.
While no percentage was announced in the letter, the price sheet appears to reflect a $0.20 to $0.30 cent increase per cigar on the retail level.
The price increase is set to go into effect on April 1st, 2015.
