An apparatus and method for forming a sheet of material into an article, such as a flower pot cover, is provided. The apparatus includes a female die and a male die. A sheet of material is positioned between the male die and the female die. The male and female dies are shaped such that at least a portion of the male die is receivable in the opening of the female die to form the article. The apparatus further includes means for supplying a stream of air between the female die and the formed article to release the formed article from the female die and means for holding the formed article against the male die as the male die and the female die are positioned from a forming position to a discharge position whereby the formed article is removed from the female die.