An article ejecting device of an automatic vending machine includes an article storage rack having an article storage passage for storing articles while being laid sideways, a base board forming one side of the article storage passage, a first stopper member movable between a protruding position in which the first stopper member protrudes toward the article storage passage and a retractable position in which the first stopper member is retracted from the article storage passage, a second stopper member movable between a protruding position in which the second stopper member protrudes toward the article storage passage and a retractable position in which the second stopper member is retracted from the article storage passage, and an outlet adjustment member forming another side of the article storage passage. The first stopper member includes an article placement surface having a holding portion holding the first vending article in a rolling manner.