In an apparatus for stacking and feeding sheet products discharged successively from a discharge position, catcher bars 4 are bent to be accumulated at an accumulated position. The sheet products collide against shutter bars 9 to fall onto a conveyor 3 after being discharged successively, for stacking the sheet products on the conveyor 3. The catcher bars 4 are pushed out of the accumulated position to pass between the shutter bars 9 and protrude toward the discharge position so that coming products should be received on the catcher bars 4 after stacking the sheet products.