A toy launcher apparatus of a soft foam dart where the dart is loaded onto a spike in a firing chamber by a pusher panel that presses against the nose of the dart. The apparatus includes a dart magazine with a feed mechanism. The pusher panel is followed by a barrier sleeve that prevents the next uppermost dart in the magazine, which is being biased upward by the feed mechanism, from causing either the uppermost dart or the second uppermost dart to distort and cause a jam. The barrier sleeve also prevents the magazine from being loaded through a top opening until the uppermost dart in the firing chamber is launched. Near the end of a cocking cycle, the pusher panel, which is connected to a cam follower tab that engages a cam member, moves away from a launch path of the dart in the firing chamber.