A hosiery inspecting, everting, separating and stacking apparatus including a U-shaped, elongated, tubular form axially pivoted adjacent one end for oscillatory movement in a vertical plane between a loading, intermediate inspecting and everting position and a separating and stacking position. Hosiery from a knitting machine is placed on the U-shaped tubular form in the loading position while still in a continuous string. Pulling the hosiery on the form over the open end and bunching the string on the form is facilitated by inducing egress of air during the loading operation. The form containing the hosiery string is moved during each cycle from the inspecting position where everting is performed by vacuum to a separating position where separation is preferably formed by a pulling-off operation with breaking of a knitted connector ring attaching the hose to the string. Grasping fingers of the pulling and stacking apparatus grip the hosiery which is doubled over on itself at the open end of the tube and pull the everted hose from the form to move the same to a stacking station. The reversible air system and the pulling and stacking apparatus is automatically actuated by switches responsive to movement of the tubular form. The switches are mounted adjacent the support bearing and are responsive to a cross bar carried by the vertically oscillating form.