To provide a label printer capable of allowing one unit to be used for both of peeling operation and cutting operation.

A label printer includes a peeling-cutting share unit 32 which can be used for both of peeling operation to peel labels 3 one by one from a band like mount 2 of a printed label continuous body L and to issue the labels, and cutting operation to cut the printed label continuous body L at a cutting position for each predetermined number of sheets and to issue the labels. The peeling-cutting share unit 32 includes a peeling part 36, a direction change conveyance means, a cutting blade 40, a cutting groove 42, a pair of pressing members 44A, 44B and a mode switching means.