A printer with a cutter has a print head, a a platen roller, a fixed blade, and a movable blade that slides toward the fixed blade for cutting a printed recording sheet. A fixed blade holder has a first surface supporting the fixed blade thereon and a second surface curved along an outer periphery of the platen roller with a first gap therebetween for guiding the recording sheet toward a downstream side of the fixed blade holder when the recording sheet enters the first gap. A holder support pivotally supports the fixed blade holder and has a surface opposed to the outer periphery of the platen roller with a second gap therebetween for guiding the recording sheet to allow the recording sheet to be wound around the outer periphery of the platen roller when the recording sheet is guided by the second surface of the fixed blade holder.