A thong-style absorbent article can have a waist region, a back extension extending from a back waist portion of the waist region, and a chassis extending between a front waist portion of the waist region and the back extension. The chassis can have a generally triangular shape and a pair of containment features positioned at the longitudinal direction side edges of the chassis. An exudate management system can be positioned between the pair of containment features and can have a first exudate management component and a second exudate management component. In various embodiments, the absorbent article can be adjustable in size and positioning about the wearer to provide for improved fit of the absorbent article and reduced leakage of exudate from the absorbent article.
