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Carvana Cited for Record Low Labor Hours in Investor Letter

Carvana logoCarvana
Sig1.35Sen+3.15Env0.00Soc+0.60Gov0.00

Octahedron Capital’s Q2 2026 investor letter discusses Carvana, noting that despite a difficult start to 2026, its long-only strategy fell to around -15% at most. The letter claims Carvana has reached all-time low labor hours per unit of refurbishment through new in-house technology for shift scheduling, overtime management, and centralized planning functions, which it links to higher retail gross profit per unit.

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